X0202 3 2007-11-14 0 0001408100 Prospect Acquisition Corp PAX 0001417921 Castine Michael P C/O PROSPECT ACQUISITION CORP. 695 EAST MAIN STREET STAMFORD CT 06901 1 0 0 0 Common Stock, $0.0001 Par Value Per Share 158724 D Of which up to 20,703 shares are subject to repurchase by Prospect Acquisition Corp., at a purchase price of $0.0001 per share, in the event and to the extent that the underwriters do not exercise their over-allotment option. /s/ Michael P. Castine 2007-11-14