Onslow Bay Financial LLC (“Onslow Bay”) is a mortgage aggregator that buys closed, funded residential whole loans directly from correspondents. Onslow Bay is a wholly owned subsidiary of Annaly Capital Management, Inc. and has been active in acquiring residential whole loans since 2016. The Company’s ongoing commitment to the organic creation of residential credit assets differentiates it from others in the space. Onslow Bay purchases closed, funded, performing residential loans made to mortgagors with stable incomes and employment histories. Onslow Bay is not an originator and does not directly service residential whole loans or seek to sell other products/servicers to borrowers. Onslow Bay values its correspondent partnerships and does not source loans through wholesale. Onslow Bay’s expanded credit programs provide financing to many underserved borrowers across the country. In addition to being a HUD approved Investing Mortgagee, Onslow Bay currently holds the requisite state mortgage finance licenses, registrations, or exemptions (collectively, the “mortgage related approvals”) to purchase and own servicing across residential whole loans in all 50 states and the District of Columbia.