A flurry of mergers and acquisitions made the news in the last 30 days, the biggest an agreement by Mellon Bank to buy Metmor Financial Inc. from Metropolitan Life Insurance Co. for $165 million.

And a bigger deal by another insurance company is being played out. Platoons of number crunchers have been performing due diligence on Prudential Home Mortgage Corp. in preparation for what may prove to be the biggest mortgage acquisition in history.

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