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.

 
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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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