
A diversified, hybrid residential mortgage REIT.
We acquire and manage a targeted and diversified portfolio of mortgage servicing rights (MSRs), agency residential mortgage backed securities (RMBS) and other residential mortgage assets.
22%
Dividend
Yield
based on June 30, 2025
closing stock price
$3.34
Book Value
per Share
as of June 30, 2025
$16.6B
UPB of
MSRs
as of June 30, 2025
$1.5B
of Investable Assets
as of June 30, 2025

Our balanced investment strategy is designed to generate consistent attractive current yields and risk-adjusted total returns.
A track record of returns.
Since inception, our investment strategy has enabled us to succeed in adverse market conditions and multiple interest rate environments.
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