MetLife Providing Banking and Mortgage Services
MetLife is making acquisitions so that the company is able to provide products and services that range beyond life insurance and annuities. In 2008, MetLife acquired two companies that provide mortgage-related services. One of these companies--Everbank Reverse Mortgage --is involved in the reverse mortgage business. MetLife, which technically is a bank holding company, seeks to create multiple product relationships with customers that either complement or augment their core life and annuity...
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