Paul Elenio | CFO |
Ivan Kaufman | President and CEO |
Steve Delaney | JMP Securities |
Ryan Tomasello | KBW |
Lee Cooperman | Omega Advisors |
Rick Shane | JPMorgan |
Good day, ladies and gentlemen, and welcome to the Second Quarter 2019 Arbor Realty Trust Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will be given at that time. [Operator Instructions] As a reminder, this conference is being recorded.
I would now like to introduce your host for today's conference, Paul Elenio, Chief Financial Officer.