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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
AGNC INVT CORP COM 00123Q104 32,180 2,000,000 SH Put OTR 1, 2, 3 0 2,000,000 0
ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104 62,201 3,076,210 SH   OTR 1, 2, 3 0 3,076,210 0
ANNALY CAP MGMT INC COM 035710409 13,200 1,500,000 SH Put OTR 1, 2, 3 0 1,500,000 0
ARES CAP CORP COM 04010L103 46,588 2,500,000 SH Put OTR 1, 2, 3 0 2,500,000 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 104,010 500,000 SH Put OTR 1, 2, 3 0 500,000 0
BOEING CO COM 097023105 114,141 300,000 SH Put OTR 1, 2, 3 0 300,000 0
DILLARDS INC CL A 254067101 6,611 100,000 SH Put OTR 1, 2, 3 0 100,000 0
DIREXION SHS ETF TR DLY GOLD INDX 3X 25460E844 22,567 810,000 SH Call OTR 1, 2, 3 0 810,000 0
FRONT YD RESIDENTIAL CORP COM 35904G107 71,577 6,191,766 SH   OTR 1, 2, 3 0 6,191,766 0
GENERAL ELECTRIC CO COM 369604103 42,018 4,700,000 SH Put OTR 1, 2, 3 0 4,700,000 0
GENWORTH FINL INC COM CL A 37247D106 20,772 4,720,998 SH   OTR 1, 2, 3 0 4,720,998 0
INVESCO QQQ TR UNIT SER 1 46090E103 358,739 1,900,000 SH Put OTR 1, 2, 3 0 1,900,000 0
ISHARES INC MSCI AUST ETF 464286103 11,125 500,000 SH Put OTR 1, 2, 3 0 500,000 0
ISHARES INC MSCI GERMANY ETF 464286806 67,275 2,500,000 SH Put OTR 1, 2, 3 0 2,500,000 0
ISHARES INC MSCI HONG KG ETF 464286871 43,584 1,920,000 SH Put OTR 1, 2, 3 0 1,920,000 0
ISHARES SILVER TRUST ISHARES 46428Q109 133,728 8,400,000 SH Call OTR 1, 2, 3 0 8,400,000 0
ISHARES SILVER TRUST ISHARES 46428Q109 15,920 1,000,000 SH Put OTR 1, 2, 3 0 1,000,000 0
ISHARES SILVER TRUST ISHARES 46428Q109 25,472 1,600,000 SH   OTR 1, 2, 3 0 1,600,000 0
ISHARES TR CHINA LG-CAP ETF 464287184 55,720 1,400,000 SH Put OTR 1, 2, 3 0 1,400,000 0
ISHARES TR IBOXX HI YD ETF 464288513 56,661 650,000 SH Put OTR 1, 2, 3 0 650,000 0
ISHARES TR IBOXX INV CP ETF 464287242 50,992 400,000 SH Put OTR 1, 2, 3 0 400,000 0
ISHARES TR RUSSELL 2000 ETF 464287655 643,195 4,250,000 SH Put OTR 1, 2, 3 0 4,250,000 0
LENDINGTREE INC NEW COM 52603B107 31,043 100,000 SH Put OTR 1, 2, 3 0 100,000 0
MR COOPER GROUP INC COM 62482R107 40,939 3,854,863 SH   OTR 1, 2, 3 0 3,854,863 0
OCWEN FINL CORP COM NEW 675746309 25,110 13,356,147 SH   OTR 1, 2, 3 0 13,356,147 0
PROSHARES TR II VIX SH TRM FUTRS 74347W171 23,424 1,200,000 SH Call OTR 1, 2, 3 0 1,200,000 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 263,200 9,400,000 SH Put OTR 1, 2, 3 0 9,400,000 0
SIMON PPTY GROUP INC NEW COM 828806109 55,801 358,500 SH Put OTR 1, 2, 3 0 358,500 0
SPDR GOLD TRUST GOLD SHS 78463V107 402,723 2,900,000 SH Call OTR 1, 2, 3 0 2,900,000 0
SPDR GOLD TRUST GOLD SHS 78463V107 94,432 680,000 SH   OTR 1, 2, 3 0 680,000 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 549,025 1,850,000 SH Put OTR 1, 2, 3 0 1,850,000 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78468R622 54,370 500,000 SH Put OTR 1, 2, 3 0 500,000 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 255,240 4,835,000 SH Put OTR 1, 2, 3 0 4,835,000 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 129,836 3,060,000 SH Put OTR 1, 2, 3 0 3,060,000 0
TARGET CORP COM 87612E106 85,528 800,000 SH Put OTR 1, 2, 3 0 800,000 0
TESLA INC COM 88160R101 297,258 1,234,100 SH Put OTR 1, 2, 3 0 1,234,100 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 26,710 1,000,000 SH Call OTR 1, 2, 3 0 1,000,000 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 58,016 1,600,000 SH Call OTR 1, 2, 3 0 1,600,000 0
WASHINGTON PRIME GROUP NEW COM 93964W108 4,140 1,000,000 SH Put OTR 1, 2, 3 0 1,000,000 0