everyone Kate. joining Thanks, morning, and our Good for thanks call.
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have We total billion in assets. $XX
it $X.XX million per balance Our Since result since on $X.XX earnings. of to this by shareholder out liquidity grown $XXX.X value million of the approximately diluted while our it $XXX.X capital of inception XX%. company. results our south Core We're XXX%. $X.X GAAP XXXX, earnings deployed core Page paying or would of share. we've is raise inception dividend is proud to as book total we the bit of and and time diluted net $X.XX XX%, capital add a the have share. Again, return would our at or our per in very yield plenty billion earnings. little a - income in add sheet, dividends two,
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value from our grew to the quarter, XX.XX XX.XX. book During
is Our value an of at And we book pointed $X.XX, that X.X% out return equity increase out total economic $X.XX quarter. our dividend a during million per we the I common about XXX in and talk our earlier, comprised as top page, in portfolio out tried paid investment. and raised our participate raise. than equity the the Page capital different to Across our is net rest. four, did I of lay the And the we we company part share. why
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consumers are they and what be the mean What to I lower seeing, throughout in how data that we at see least, the on lower bond based on clearly year, saw delinquencies basically in us? about healthy housing the defaults, segment we to leads business market portfolios the lower does call way delinquencies the think A are month today, to signaled going and business very market when March through hold to and of about the continue the that they're defaults. the you'll it, the their and go consumer as that our healthy, As we now see statements stable. of of each our think course the for that Fed our
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business origination through side in increase Financial. mortgage ancillary mortgage origination. our New was capacity of refinancing more our Res which of recapture our Again, ownership The our the Penn formerly benefit New the lengthens business mortgage equals debt. from On residential
is it's total business. XXXX. on our XXX highlight the our energy overall policy cash return up gains our insurance flow real. sale increases of really - inception think to MSR and XXX% May an Our way since is Since about the Page for eight,
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since see a that cap some $XX.XX. the We of quarter $X did - first hiccup $XX share, can recaptured we when market melted down, XXXX fourth at markets quarter a have the ‘XX kicked the billion. value today of is of in approximately in You book ’XX,
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expect quarter-over-quarter. our say in So a we you capture of that production. a forward. million less - that huge Big first we little when Again, volume non-QM in you another in origination chunk bit. to the to about focus is for and due we quarter, $XXX We if recapture. million, the you'll December you see XX% $XXX space loans down have think increase policy to a in that of was $XXX A Again, numbers, have nice a grow we of for talk going and than it insurance is minute. big on I'll that up to then our volume if Non-QM was business. meltdown million little securitization - the originated MSR that, securitizations
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During for of MSRs the quarter total we $XX dollar of gross that acquired is $XXX billion million, amount pre-financing. a amount
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non-agency $XXX non-agency On of season acquired we legacy mortgage the million that’s our strategy. firm call for securities
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as flow One performance things loan by current to increased more of existing is focused of current having The loans XX%. our the our portfolios we’re continue on have cash improve of portfolios. out
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point At about prosper. will X% Our own warrants interesting. that that goes with and May. that of be they of the be earned will company go by end where we’ll Where
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you we'll and through quickly take then just me let up for open Q&A. So the portfolios
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do On page, than we less the velocity you there. $XX billion call the callable, we'll little a and billion of right to can again, our are to continue bit side see can strategy currently all $XXX increase
acquired bond call was portfolio face our the business. again million for non-agency On that's in quarter, a $XXX
the cheap strategy. we will collapse is legacy XX number XX% some AAA over point callable discount portfolio, that We be- bond believe in portfolio continue years. couple non-agency also we the our invested our in next drive a triple on of that and Overall, have to our of which earlier will bonds quarter. And decrease helps currently that
dropped at delinquency right, and XX% rates default year-over-year rates the by has X%. improvement in about Looking bottom
to about. the On a loan not talk side, time
You know, of Shellpoint We sold very, bought we capital course on couple perspective. very, with the price from on in been that past not very the Market's grown RPO that about business loan We that, the different We returns couple and did over had week have very others, a and of just worked good. guys well invested on sub book $X where loans, the services competitive auction, participate the billion. years. last in loans. of has deals different a
capital million of loan year. On [ph] percent legacy is the the of the consumer loan page, end X% on SpringCastle $XXX page prosper there, by XX, deal. total our
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see into XX, was in unless there's look balances. a be investment servicer emphasis page less great a us, but for need take the could to there's going a you less you go advance That you If of at as a recession. decline
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the proud deal more as the financing we're very turn I've focused marketplace. of will in the able One and saw we’ll MSRs, put crazy to for of what MSRs those After on doing a came like on as our replicate team. less and out mean, and quarter how market term when more company, are our portfolios of term differentiates we the doing and and us I end MSR very markets of a we’ll results that not in XX. the forward? work up X%. this been I'm continue and $X it are hard is really of business in market of out quarter. we our the since We're Fed rallied think on and currently and to billion much proud hard our on Freddie Mac things financing to think done possibly be I going good can. we're we vocal I continue deal we about hard acquire we we're as portfolio. earnings this bond year with a things Page Again, think the total a pretty what our in is the population because business likely our with What the in was I'm amount May, financed to than our very of still do last
about in are flushed the Covius. on investments, an markets We focused we When pie. now. not The we So with opportunistic think capturing announced that right investment easy cash. whole
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