Annaly Capital Management, the nation’s largest real estate investment trust focused on the MBS market, hopes to raise upwards of $780 million through the sale of additional shares of common stock – money that it will invest in MBS and related assets. According to a press statement made by the New York-based firm, it also plans to further diversify its investments, putting the new money to work in commercial and “corporate credit assets.” In total, Annaly registered 65 million shares of ...

A previously announced legal settlement with Royal Bank of Scotland will soon hit the books...

A Freddie spokesman noted: “We take cyber-security seriously as it relates to every aspect of our business.”

Gripes to the bureau leapt by 53.4 percent on a sequential basis…

Lenders are none-too-thrilled with LOS compliance functions as well…

For now, BRAWL isn’t naming names, but credited three lenders for being “true partners” because more than 90 percent of their production comes through the wholesale channel...

Overall, hackers stole financial information on roughly 140 million American consumers…

CIT Group will take a charge of up to $50 million on the sale of Financial Freedom...

Steve Abreu, founder and CEO of Newfi, said the privately held nonbank is taking resumes from wholesale representatives and underwriters.

With Trump being a real estate developer – though that part of his career is on hold right now – it will be interesting to see if he takes a hands-on approach to reforming the GSEs...