The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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

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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
AMERICAN HOMES 4 RENT A CL A 02665T306 17,833 662,924 SH   SOLE NONE 662,924 0 0
INVITATION HOMES INC COM 46187W107 16,081 584,144 SH   SOLE NONE 584,144 0 0
ISHARES MBS ETF MBS ETF 464288588 55,350 500,000 SH   SOLE NONE 500,000 0 0
VANGUARD MORTGAGE BACKED SECURITIES MORTG-BACK SEC 92206C771 54,370 1,000,000 SH   SOLE NONE 1,000,000 0 0
UBER TECHNOLOGIES IN COM 90353T100 930 29,921 SH   SOLE NONE 0 0 29,921
OCWEN FINL CORP COM NEW 675746309 234 352,298 SH   SOLE NONE 0 0 352,298
JD.COM INC SPON ADR CL A 47215P106 746 12,400 SH   SOLE NONE 0 0 12,400
FRONT YD RESIDENTIAL COM 35904G107 339 38,960 SH   SOLE NONE 0 0 38,960
FACEBOOK INC CL A 30303M102 227 1,000 SH   SOLE NONE 0 0 1,000
RADIAN GROUP INC COM 750236101 171 11,000 SH   SOLE NONE 0 0 11,000
ISHARES TR CORE S&P500 ETF 464287200 610 1,969 SH   SOLE NONE 0 0 1,969
ISHARES TR CORE S&P MCP ETF 464287507 431 2,426 SH   SOLE NONE 0 0 2,426
ISHARES TR CORE MSCI EAFE 46432F842 371 6,487 SH   SOLE NONE 0 0 6,487
ISHARES TR RUSSELL 2000 ETF 464287655 428 2,986 SH   SOLE NONE 0 0 2,986
ISHARES TR CORE US AGGBD ET 464287226 653 5,520 SH   SOLE NONE 0 0 5,520
ISHARES INC CORE MSCI EMKT 46434G103 357 7,496 SH   SOLE NONE 0 0 7,496
INVESCO QQQ TR UNIT SER 1 46090E103 443 1,791 SH   SOLE NONE 0 0 1,791
NUVEEN CALIFORNIA AM COM 670651108 224 15,000 SH   SOLE NONE 0 0 15,000
BLACKROCK MUNIYIELD COM 09254N103 416 30,000 SH   SOLE NONE 0 0 30,000