# Annaly Capital Management

> Annaly Capital Management is a publicly traded mortgage REIT that invests its own balance sheet in Agency mortgage-backed securities, residential credit and mortgage servicing rights. Its platform connects mortgage originators and securities markets with shareholder capital, earning investment income and servicing cash flows while managing financing, prepayment and interest rate risks.

- **Founded:** 1996
- **Headquarters:** New York, United States
- **Founders:** Michael A. J. Farrell (Co-founder; former Chairman and CEO), Wellington J. Denahan (Co-founder; former Chairman and CEO)
- **Products:** Agency, Residential Credit / Onslow Bay, Mortgage Servicing Rights
- **Notable:** Completed its NYSE IPO in October 1997., Acquired Hatteras Financial for approximately $1.5 billion in 2016., Added to the S&P MidCap 400 in 2022.

## Products & services

- **Agency** — Invests in mortgage-backed securities and Agency CMBS guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae.
- **Residential Credit / Onslow Bay** — Purchases residential whole loans and non-Agency securities; aggregates correspondent production and sponsors securitizations. The in-house correspondent channel launched in 2021.
- **Mortgage Servicing Rights** — Owns rights and obligations to service mortgages for fees; uses subservicing and recapture partners. The direct balance-sheet platform was established in 2021.

## Achievements

- Completed its NYSE IPO in October 1997.
- Acquired Hatteras Financial for approximately $1.5 billion in 2016.
- Added to the S&P MidCap 400 in 2022.
- Onslow Bay closed its 100th residential whole loan securitization in December 2025.

## Latest updates

- **2026-10** — Reported Q3 results on October 20: $106.5 billion portfolio, $0.80 EAD per common share, $0.75 dividend and a negative 7.6% economic return. EAD is non-GAAP.
- **2026-09** — Declared a third-quarter common dividend of $0.75 per share.
- **2026-07** — Reported a positive 5.5% second-quarter economic return.

## Links

- Website: https://www.annaly.com/
- LinkedIn: https://www.linkedin.com/company/annaly-capital-management/

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Profile page: https://yespress.io/annaly-capital-management
Published by YesPress — https://yespress.io
Last updated: 2026-10-22