13D Filing: Xl Investments Ltd and Five Oaks Investment Corp. (OAKS)

Pursuant to Rule 13d-2 promulgated under the Act, this Schedule 13D/A (this Amendment
No. 9) amends the Schedule 13D filed on April 8, 2013 (the Original Schedule 13D), as previously amended on May 28, 2013 by Amendment No. 1 to Schedule 13D, on February 25, 2014 by Amendment No. 2 to the Schedule 13D, on
March 7, 2014 by Amendment No. 3 to the Schedule 13D, on June 24, 2014 by Amendment No. 4 to the Schedule 13D, on July 23, 2014 by Amendment No. 5 to the Schedule 13D, on December 29, 2016 by Amendment No. 6 to the Schedule 13D, on June 16, 2017 by
Amendment No. 7 to the Schedule 13D and on June 22, 2017 by Amendment No. 8 to the Schedule 13D (the Original Schedule 13D as so amended is collectively referred to herein as the Schedule 13D). This Amendment No. 9 relates to
the common stock, par value $0.01 per share (Common Stock), of Five Oaks Investment Corp., a Maryland corporation (the Company).

This Amendment No. 9 is being filed to update the information in the Schedule 13D (a) resulting from the sale (the Sale) by
XL Investments Ltd, a Bermuda exempted company (XL Investments), of 710,495 shares of Common Stock to Hunt Companies Equity Holdings, LLC, a Delaware limited liability company (Hunt), on January 18, 2018 and (b)
the related termination of all of its warrants to purchase shares of Common Stock. Capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule 13D.

Item 4 of the Schedule 13D is hereby amended and supplemented
as follows:

Share Purchase Agreement

XL Investments and Hunt (the Purchaser), entered into a Share Purchase Agreement (the Purchase Agreement)
on January 18, 2018. On the terms and subject to the conditions set forth in the Purchase Agreement, on January 18, 2018, XL Investments sold to Purchaser 710,495 shares of Common Stock for an aggregate purchase price of $3,389,061.15. The Purchase
Agreement contains customary representations, warranties and covenants.