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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ENACT HLDGS INC COM 29249E109 329,684 14,870,726 SH   SOLE N/A 14,870,726 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 47,632 1,426,108 SH   SOLE N/A 1,426,108 0 0
GUILD HLDGS CO CL A 40172N107 7,640 826,873 SH   SOLE N/A 826,873 0 0
HOME PT CAPITAL INCORPORATED COM 43734L106 185 120,423 SH   SOLE N/A 120,423 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 83,252 5,048 SH   SOLE N/A 5,048 0 0
ONEMAIN HLDGS INC COM 68268W103 42,318 1,433,533 SH   SOLE N/A 1,433,533 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 158,844 52,320 SH   SOLE N/A 52,320 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 183,841 5,147 SH   SOLE N/A 5,147 0 0