EverBank Financial is considering buying parts of MetLife Home Loans of Irving, Texas, according to industry advisors.
The privately held EverBank would join others, including American Home Mortgage Servicing Inc., American Express and PNC Financial Services Group, in looking at parts of MLHL.
Tom Wind, a top executive at EverBank, did not return a call. The depository is based in Jacksonville, Fla. It's no secret in the industry that EverBank has expansion on its mind. This past summer it filed an S-1 statement with the Securities and Exchange Commission, signaling its intention to go public. Most of its growth has been organic, but it has selectively purchased parts of other franchises. Among mortgage funders it ranks 26th, according to figures compiled by National Mortgage News and the Quarterly Data Report. MetLife ranks 10th.