Jason Frank | Deputy General Counsel & Secretary |
Larry Penn | Chief Executive Officer |
Mark Tecotzky | Co-Chief Investment Officer |
Chris Smernoff | Chief Financial Officer |
Doug Harter | Credit Suisse |
Eric Hagen | BTIG |
Mikhail Goberman | JMP Securities |
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Ellington Residential Mortgage REIT 2020 Fourth 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 presentation [Operator Instructions] It is now my pleasure to turn the floor over to Jason Frank, Deputy General Counsel and Secretary.