Pretium began investing in residential credit in 2014 and expanded our operating ecosystem over time to create unique access to assets and asset management strategies. Our use of technology and data has enabled a scalable business model that spans asset acquisitions, origination, servicing, and asset management. Our disciplined approach to portfolio construction, proprietary analytics systems, and innovative financing strategies have led to a well-established Residential Credit track record across commingled funds and separately managed accounts. We seek to create access to high value, operationally-complex loan investment opportunities for insurers and other institutional partners.

Our vertically integrated residential credit ecosystem comprises three operating platforms. Deephaven is an originator to high quality self-employed and investor borrowers unable to access the government lending system. Anchor Loans, a direct lending platform to experienced residential real estate investors and builders, plays a critical role in creation of new housing supply. Selene, a purpose-built mortgage servicer with expertise in managing defaulted assets using high-touch loss mitigation strategies, delivers high cure rates and enhanced returns by emphasizing borrower re-performance.