Wall Street Journal (04/04/08) P. B4
EverBank Financial Corp. will sell its EverBank Reverse Mortgage LLC unit to Met Life Inc. The acquisition will help Met Life Bank quickly expand its presence in the reverse mortgage market, having added these loans to its portfolio for the first time last year. No other information has been released about the deal, which is slated to close by the end of July.
Thursday, April 17, 2008
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