Annaly Capital Management is set to issue its 12th expanded-credit MBS of the year.

Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.

Ginnie MBS issuance increased by 8.3% on a monthly basis in July while GSE volume declined somewhat.

Skyward Specialty Insurance Group launched a mortgage reinsurance business.

Loans in the new prime jumbo MBS had an average seasoning of 13 months.

Spreads on MBS and ABS widened following the release of the jobs data, but spreads widened even more in corporate credit sectors.

Blend Labs took a $19.4 million loss in the second quarter.

The lender has issued more than $4.7 billion in unrated securitizations since it started its securitization program in 2019, about $1.0 billion of which was issued in just the first six months of this year.

Ready Capital sold the MSRs as part of an effort to exit investments in the residential market to put a greater emphasis on commercial loans.

Halfway through 2024, Lakeview/Bayview Loan Servicing was the leader in removals from Ginnie MBS, with $11.33 billion.