Paul Elenio | CFO |
Ivan Kaufman | President and CEO |
Steve DeLaney | JMP Securities |
Ryan Tomasello | KBW |
Stephen Laws | Raymond James |
Rick Shane | JPMorgan |
George Bahamas | Deutsche Bank |
Thank you, ladies, and gentlemen, for standing by and welcome to the Q1 2020 Arbor Realty Trust earnings conference call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session [Operator Instructions] Please be advised that today's conference is being recorded [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mr. Paul Elenio, CFO.