Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: Stock Traders Daily
$20.00
Provider: New Constructs, LLC
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Metlife Inc To Sell Mortgage Servicing Portfolio To JPMorgan Chase & Co.-Reuters


Friday, 2 Nov 2012 05:57pm EDT 

Reuters reported that Metlife Inc will sell MetLife Bank's mortgage servicing portfolio to a unit of JPMorgan Chase & Co. for an undisclosed amount, as it looks to exit its bank holding structure. The $70 billion servicing portfolio will increase JPMorganChase Bank's $1.1 trillion servicing business by more than 5%. MetLife said in a regulatory filing last Wednesday that it had begun exploring the sale of MetLife Bank's forward mortgage servicing assets and operation, and was reporting the business as divested.