MetLife to Explore Sale of Its Forward Mortgage Business – NMP Skip to main content

MetLife to Explore Sale of Its Forward Mortgage Business

Oct 13, 2011

MetLife has announced that, in addition to its previously announced decision to explore a sale of MetLife Bank NA’s depository business, the company will now also explore a sale of the bank’s forward mortgage business. MetLife Bank began originating forward and reverse mortgages in 2008 through its MetLife Home Loans division. MetLife Home Loans will continue to originate forward mortgages, while the business is being marketed for sale. The company also remains committed to continuing to service all of its mortgage clients.
About the author
Published
Oct 13, 2011
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026