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UK home repossessions up 12 pct in 3Q from 2Q
Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market.

Do math before merging HELOC, mortgage
In some situations, it makes sense to combine a mortgage loan with a home equity line of credit.

Mortgage rates down - 3rd straight week
Mortgage rates fell for the third week in a row amid reports of record-high job losses, weak retail sales and a home-construction market in a deep slump.

Fannie Mae, Freddie Mac to suspend US home foreclosures
The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes.

Family gets bank loan to buy home once owned by Boseman
A Brunswick County couple will receive a loan to buy a mobile home owned by state Sen. Julia Boseman, the couple's daughter said Friday.Javier and Maria Castillo, owner of the Winnabow home at 2096 Old Mill Creek Road, were told by the mortgage holder, RBC Bank, that they would receive a loan, said their daughter, Perla Castillo.

MetLife Loans introduces Slidell Mortgage branch  
The Slidell mortgage branch of First Horizon Home Loans has announced it is now officially part of MetLife, and doing business as a mortgage branch of MetLife Home Loans.   

Home repossessions rise as credit crunch bites
Lenders took possession of 11,300 homes in the third quarter, up from 10,100 in the second despite government efforts to make home repossessions a last resort, the Council of Mortgage lenders said on Friday.