Annaly Capital Management Payments to Acquire Mortgage Servicing Rights (MSR) increased by 189.8% to $500.87M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.4%, from $387.15M to $500.87M. Over 4 years (FY 2021 to FY 2025), Payments to Acquire Mortgage Servicing Rights (MSR) shows an upward trend with a 16.9% CAGR.
Increased spending indicates a strategic push to grow fee-based income, while decreased spending suggests a pullback from the mortgage servicing market.
Cash outflows associated with the purchase of rights to service mortgage loans, which allow the bank to collect fees for...
Common among mortgage-active banks; peers vary based on their specific mortgage banking strategy.
investing_payments_to_acquire_mortgage_servicing_rights_msr| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $98.98M | $317.17M | $56.89M | $421.01M | $262.96M | $182.80M | $142.58M | $35.83M | $177.52M | $185.32M | $0.00 | $515.76M | $120.90M | $64.76M | $161.70M | $387.15M | $38.82M | $284.05M | $172.81M | $500.87M |
| QoQ Change | — | +220.4% | -82.1% | +640.1% | -37.5% | -30.5% | -22.0% | -74.9% | +395.5% | +4.4% | -100.0% | — | -76.6% | -46.4% | +149.7% | +139.4% | -90.0% | +631.7% | -39.2% | +189.8% |
| YoY Change | — | — | — | — | +165.7% | -42.4% | +150.6% | -91.5% | -32.5% | +1.4% | -100.0% | >999% | -31.9% | -65.1% | — | -24.9% | -67.9% | +338.6% | +6.9% | +29.4% |