Michelle Wallach | Chief Compliance Officer and Senior Regulatory Counsel |
Brian Harris | CEO |
Marc Fox | CFO |
Steve DeLaney | JMP Securities |
Jade Rahmani | KBW |
Stephen Laws | Raymond James |
Tim Hayes | FBR |
Rich Shane | JP Morgan |
Good afternoon and welcome to the Ladder Capital Corp’s Earnings Call for the Fourth Quarter of 2018. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, today’s call is being recorded. At this time, I would like to turn the conference over to Ladder’s Chief Compliance Officer and Senior Regulatory Counsel, Ms.