| Personal Finance: |
| TPG pulls out of Bradford & Bingley plan
(AP)
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| AP - Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific Group pulled out of its agreement to invest more than $350 million in the mortgage banker. |
| Rates on 30-year mortgages drop to 6.35 percent
(AP)
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AP - Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
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| Housing market seen getting worse
(Reuters)
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Reuters - An even gloomier scenario may be in
store for an already ailing U.S. housing market if the overall
economy slips into a recession, according to UBS Securities
analysts.
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| BofA completes deal for Countrywide Financial
(AP)
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| AP - Bank of America Corp. completed its purchase of Countrywide Financial Corp. Tuesday, making the Charlotte-based bank the nation's leading mortgage originator and servicer. |
| Gov. pushing plan to help struggling NC homeowners
(AP)
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| AP - Gov. Mike Easley called on state lawmakers Tuesday to make up for the federal government's inaction by approving a measure to help some struggling North Carolina homeowners by giving them more latitude to repay their debt. |
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