Maria Cozine | VP, IR |
Larry Penn | CEO |
Chris Smernoff | CFO |
Mark Tecotzky | Co-Chief Investment Officer |
Steve Delaney | JMP Securities |
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Ellington Residential Mortgage REIT 2018 First Quarter Financial Results Conference Call. Today's call is being recorded. At this time all participants have been placed on a listen-only mode and the floor will be opened for your questions following the presentation.