Under the plan, bankruptcy judges will be allowed to alter home loans in an effort to prevent foreclosures.

Under the plan, bankruptcy judges will be allowed to alter home loans in an effort to prevent foreclosures.

In Washington, Senator Charles E. Schumer is beneficiary, advocate and overseer of an industry that is his hometown’s most important business.

In Washington, Senator Charles E. Schumer is beneficiary, advocate and overseer of an industry that is his hometown’s most important business.

The markets may not be as panicked as they were last week, but with every passing day, the situation is getting increasingly dangerous.

The urgency of Treasury Secretary Paulson’s message got the attention of Democrats and Republicans alike in Congress.

Four Democratic senators urged the Bush administration to stop Freddie Mac and Fannie Mae from foreclosing on any homes for at least 90 days.

Former employees of the IndyMac Bancorp want an investigation into whether Senator Charles E. Schumer of New York set off the bank’s collapse by releasing confidential information.

The announcement of a plan to inject billions of dollars in loans and investments was intended to show the government would stand behind the beleaguered companies.

Announcement of the plan to inject billions of dollars through investments and loans was intended to show that the government would stand behind the beleaguered companies.