Tag Archives: MetLife Closes Mortgage-Origination Business

MetLife Inc., the nation’s largest insurer, announced Tuesday it is getting out of the mortgage-origination business and that it will no longer be accepting new mortgage applications as it prepares to shutter its residential mortgage unit. However, the company says MetLife Home Loans will continue to offer reverse mortgages as well as service its current mortgage customers. For any loan applications already in the pipeline, the company said it will continue to process those loans and expects most of the loans to close within 90 days. In October, MetLife had […]