MetLife faces DOJ scrutiny over foreclosures
Life insurer says its bank unit part of ongoing investigation
The bank received a request in May from the U.S. Department of Justice for information on payments the lender made to law firms tied to foreclosures, the New York-based insurer said in a filing today. Expenses were submitted to Fannie Mae, Freddie Mac and the U.S. Department of Housing and Urban Development for reimbursement, according to the filing.
A copy of the SEC filing disclosing the investigation is located here.