Much of the decline was from activity with seasoned mortgages.

"We’re comfortable with risk from many of the sellers out there that are already making those loans and selling them elsewhere," said Jason Harris, co-founder and CEO of Button Finance.

Average condo prices declined by 0.7% on an annual basis as of mid-July, according to Intercontinental Exchange.

Union Home Mortgage acquired the origination assets of non-qualified mortgage lender AmeriTrust Mortgage Corporation.

Annaly generated $827.8 million of net income in the second quarter, nearly tripling its income from the first quarter.

Home prices were up 3.0% on an annual basis in June, the highest annual growth rate in the past 10 months, according to Redfin.

Annaly Capital Management’s Onslow Bay, the top-ranked issuer of expanded-credit mortgage-backed securities in the second quarter, issued $3.82 billion of expanded-credit MBS, down 8.3% from the first quarter.

Oaktree's investments are expected to further diversify Temple View Capital's institutional capital base.

“More rating agencies means more perspectives, and more perspectives means sharper insight for investors," John Beacham, CEO of Toorak Capital Partners, said. “That’s good for issuers, good for investors, and good for the long-term health of the market.”

“The highest mortgage rates in nearly a year and the record-high national median home price together are contributing to a tepid housing market that is especially difficult for first-time homebuyers,” said Lawrence Yun, chief economist at NAR.