After a $1.0 million loss in the first quarter, MFA Financial posted a $46.8 million profit in the second quarter.

The real estate investment trust turned a $3.4 million profit, helped by changes in the fair value of its holdings.

Pennymac originated $4.16 billion in volume to prime non-agency MBS issued in the second quarter, according to a new ranking and analysis by Inside Nonconforming Markets.

Redwood Trust's second-quarter loss was an improvement on first-quarter performance, reflecting a more cautious operating approach in April and May.

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.