Metlife has been one of the more active lenders in the market these days. After 3 years of hard work in the market, Metlife had become the 12th largest in the space. It would be nice to understand the real reason for the decision to exit the residential mortgage space. Watch this blog for more details.
PrivoCorp has processed mortgages that have been placed with Metlife, but not worked with Metlife directly. PrivoCorp is a contract mortgage processing company that is licensed in various states in the country.