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And consistent with prior quarters, we favored high-quality prepayment-protected collateral with durable cash flows. And also to note, we continue to see 12% to 15% prospective returns on the retention of OBX assets. And year to date, the average net coupon on our agency portfolio has increased by 30 basis points to 4.87%. David L.
In closing, I'd like to highlight once again the disconnect between a dominant platform with strong growth prospects and double-digit returns and a stock that trades at a discount. billion at quarter-end comprised of 553 million in cash with the remainder in MSR line capacity, which is fully collateralized and immediately available.
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