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MetLife Home Loans Introduces Hyannis Mortgage Branch

Published on Wednesday, October 01, 2008

Hyannis, MA - September 1, 2008 - What’s in a name? The Hyannis mortgage branch of First Horizon Home Loans has announced that it is now officially part of MetLife, and doing business as a mortgage branch of MetLife Home Loans.



The name change reflects the recent announcement that MetLife Bank, NA, a unit of MetLife, Inc. (NYSE: MET), had completed its acquisition of the residential mortgage origination and servicing business of First Tennessee Bank National Association, a subsidiary of First Horizon National Corporation (NYSE: FHN).



As a result of the acquisition, all mortgage products are now being offered under the brand of MetLife Home Loans, a division of MetLife Bank, N.A.



According to Donna DeMaio, president, MetLife Bank, “This acquisition is a nice complement to MetLife’s other businesses, as most people’s largest asset is their home. MetLife excels at helping people to manage their assets and prepare for the future, and this transaction effectively positions MetLife Bank to be a leader in the origination and servicing of residential mortgage products.”



The Hyannis mortgage branch provides a wide range of home loans and lending products, including fixed-rate, adjustable rate, FHA and VA loans.



“I’m tremendously excited to become a part of the MetLife family,” said Brad Pfeifer. “MetLife has been around for 140 years, and enjoys a great reputation as a caring company dedicated to helping people build a personal safety net. With the MetLife name, we can say with confidence that we are committed to treating every customer with sincerity and fairness, while helping to build financial freedom for Cape Cod.”



For additional information on MetLife Home Loans, visit the Mortgage Branch at 29 Bassett Lane, Hyannis, or call 508-862-2399. The office is open Monday through Friday, 9:00 AM to 5:00 PM.