Rocket mortgage and annaly capital management, inc. enter strategic subservicing relationship

Detroit-based rocket mortgage will manage a portion of annaly's serviced clients detroit , oct. 1, 2024 /prnewswire/ -- rocket mortgage, the nation's largest mortgage lender and a part of rocket companies (nyse: rkt), and annaly capital management, inc. (nyse: nly) ("annaly"), the world's largest residential mortgage real estate investment trust, today announced the companies have entered into a subservicing agreement. under the relationship, rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights ("msr") held by annaly.
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