Residential Whole Loans

Investment Goal

We seek to offer institutional investors access to an actively managed residential whole loan portfolio, targeting attractive, risk adjusted income compared to traditional fixed income sectors.

Investment Approach

Our disciplined relative value approach to investing allows us to pursue opportunities across a wide spectrum of residential mortgage credit. The “Go Anywhere” origination strategy enables our team to be nimble in accessing sectors across the risk spectrum seeking the best relative value.
£17.8 Bn¹
Residential Whole Loan AUM1

Why Invest in Residential Whole Loans

Our Competitive Advantages

  • Turnkey Solution for Insurers: Full investment life-cycle support for insurance company specific accounting, reporting, and access to curated credit supported by buy and hold portfolio performance.
  • Holding Vehicles and Structuring: MIM has been built to support ownership of these investments at the loan level including analysis of licensing requirements as well as creation of any Trusts to hold loans for our clients. Structuring of the curated credit is also available.
  • Scaled Strategy with Diverse Sourcing Model: Proven ability to source loans at scale via long-standing originator and broker-dealer relationships.
  • Downside Credit and Prepay Risk Mitigation: Credit decisions informed by 12+ years of data across $50B+ of mortgages; includes bespoke prepayment structuring.
  • Insurance Expertise: Customized structures aligned with client risk and reporting objectives, backed by deep knowledge of global regulatory capital and risk frameworks.
  • Sourcing Breadth and Agility: Loans are sourced across a diversified network of long-standing relationships with originators, broker-dealers, and banks, with the ability to access bulk pools and bespoke opportunities. Our reputation provides us the ability to access numerous additional sources of loans to meet client needs.
  • Customizable Credit Framework: We tailor portfolios at the loan level—including parameters like LTV, FICO, loan type, and geography—to align with client-specific objectives, risk profiles, and regulatory considerations.
  • Servicing Oversight: A dedicated internal team oversees third-party servicing relationships and loan performance, including borrower modifications and REO resolution processes, helping preserve principal and ensure loan-level transparency.

MetLife Investment Management’s Residential Whole Loans strategy is designed for institutional investors, including insurers, seeking consistent income and capital-efficient exposure to private residential mortgage credit. With a platform built on data-driven credit analysis, deep market relationships, and flexible structuring, MIM offers a differentiated approach to all loan types.

Featured Insight

Leadership Team
Our experienced team provides established relationships that have historically resulted in healthy deal flow from segments of the market that we find most attractive.

Get in touch with a MetLife Investment Management professional

1 As of March 31, 2025. Represents Residential Loan assets managed by MIM on behalf of the MetLife general account and unaffiliated investors.

2 Spreads are nominal and are shown as of March 31, 2025. Investment Grade spreads for RPL and non-QM non-agency RMBS are weighted averages calculated using representative market deal structures. Investment Grade bonds within utilized benchmarks are inclusive of bonds rated from AAA to BBB.

3 Spreads are nominal and are shown as of March 31, 2025. Investment Grade spreads for RPL and non-QM non-agency RMBS are weighted averages calculated using representative market deal structures. Investment Grade bonds within utilized benchmarks are inclusive of bonds rated from AAA to BBB.

Investors should carefully consider their investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information, please email icg@metlife.com to request more information. Please review the Terms of Use of this site for additional details.