|Michael Nierenberg||Chairman, President & Chief Executive Officer|
|Nick Santoro||Chief Financial Officer|
|Jordan Licht||Chief Operating Officer of Newrez/Caliber|
|Kevin Barker||Piper Sandler|
|Douglas Harter||Credit Suisse|
|Trevor Cranston||JMP Securities|
|Giuliano Bologna||Compass Point|
Good day, and welcome to the New Residential Fourth Quarter and Full Year 2021 Earnings Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to [Bohi Yu].