MetLife (MET) is fined $3.2M by the Federal Reserve for "unsafe and unsound" practices in loan...

|By:, SA News Editor

MetLife (MET) is fined $3.2M by the Federal Reserve for "unsafe and unsound" practices in loan servicing and foreclosures following a 16-month investigation. The insurer is busily shedding any connection to mortgages and banking so as to rid itself from Fed oversight. (PR)