MetLife Inc.'s home loan unit is eyeing a possible entry this year into correspondent residential lending and warehouse financing, a company spokesman said.

In mid-2008 MetLife bought the national origination and servicing divisions of First Horizon National Corp. of Memphis. The sale included 230 retail and wholesale offices. (First Horizon's $26 billion-asset First Tennessee Bank continued to write mortgages in its home market.)

Today, MetLife Home Loans, a subsidiary of the life insurer's $13 billion-asset bank, ranks 11th nationwide in residential lending and servicing, according to National Mortgage News' quarterly data report.

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