Annaly Capital Management, Inc. (NYSE:NLY) is looking for M&A. David Finkelstein, President and Chief Executive Officer said, "We're always looking at the market and evaluating opportunities in the M&A landscape. But the fact of the matter is if you look at the evolution of the company over the past couple of years, our organic build strategy has been very effective in both Residential Credit through the correspondent channel as well as the MSR build. So we feel very good about our ability to acquire assets.

And really, in a transaction in the mortgage origination space would be based on the ability to secure flow. And as I mentioned, the world has shifted from asset scarcity to capital scarcity, and we're not in a position to where we can acquire the assets we want. So the organic build has been very effective.

It's got a lot of momentum associated with it, but we're always looking at opportunities in the M&A landscape, whether it's a peripheral product or something that could enhance our own platform, but there's nothing to report right now".