Description: Onslow Bay has an experienced and talented asset management platform with significant access to permanent capital through the relationship with our parent, Annaly Capital. Our long-standing commitment to the expanded credit residential whole loan market and mortgage servicing rights as a core strategy differentiates our platform from our peers and other market participants. Onslow Bay Financial LLC is an approved Fannie Mae Single Family Servicer, a Freddie Mac Single Family Seller/Servicer and currently holds the requisite state mortgage finance approvals or exemptions to purchase and own performing residential whole loans (1st and 2nd lien) and/or servicing rights in all 50 states and the District of Columbia.
Website: www.onslowbayfinancial.com
Services Offered: Onslow Bay is aggressively seeking seller partnerships across the Fannie Mae SMP platform and potential direct co-issue relationships for Freddie Mac. Additionally, Onslow Bay is actively purchasing bulk MSRs, Non-QM Whole Loans, Closed End Seconds, and HELOCs both in bulk and through our whole loan conduit.
Seller Minimum Net Worth Required (in Millions): Onslow Bay evaluates each potential client on a case-by-case basis, ensuring that it meets the unique needs and circumstances of each partnership. Onslow Bay does require our seller partners to meet the Fannie Mae liquidity requirements.
