SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Deer Park Road Management Company, LP

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/09/2018
3. Issuer Name and Ticker or Trading Symbol
Front Yard Residential Corp [ RESI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 4,851,766 I See footnotes(1)(3)
Common Stock 60,000 I See footnotes(2)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Call Options (Right to Buy) 11/09/2018 03/15/2019 Common Stock 300,000 $10 I See footnotes(1)(3)
Call Options (Right to Buy) 11/09/2018 03/15/2019 Common Stock 200,000 $10 I See footnotes(2)(3)
1. Name and Address of Reporting Person*
Deer Park Road Management Company, LP

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Deer Park Road Management GP, LLC

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Deer Park Road Corp

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Craig-Scheckman Michael David

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
AgateCreek LLC

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Burg Scott Edward

(Last) (First) (Middle)
1195 BANGTAIL WAY

(Street)
STEAMBOAT SPRINGS CO 80487

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These shares of the Issuer's common stock ("Shares") and options to acquire Shares ("Options") are held for the account of STS Master Fund, Ltd. Deer Park Road Management Company, LP ("Deer Park") serves as investment adviser to STS Master Fund, Ltd.
2. These Shares and Options are held for the account of SBF Opportunities Master Fund Limited. Deer Park serves as investment adviser to SBF Opportunities Master Fund Limited.
3. Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael David Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the sole owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. Each Reporting Person disclaims beneficial ownership of the Shares and Options except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares or Options for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Deer Park Road Management Company, LP, By: Deer Park Road Management GP, LLC its general partner, By: Deer Park Road Corporation, its managing member, By: /s/ Michael David Craig-Scheckman, Chief Executive Officer 11/13/2018
Deer Park Road Management GP, LLC, By: Deer Park Road Corporation, its managing member, By: /s/ Michael David Craig-Scheckman, Chief Executive Officer 11/13/2018
Deer Park Road Corporation, By: /s/ Michael David Craig-Scheckman, Chief Executive Officer 11/13/2018
/s/ Michael David Craig-Scheckman 11/13/2018
AgateCreek LLC, By: /s/ Scott Edward Burg, Sole Member 11/13/2018
/s/ Scott Edward Burg 11/13/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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