Joe Fisher | Head of Investor Relations |
Jack Remondi | President and Chief Executive Officer |
Christian Lown | Executive Vice President and Chief Financial Officer |
Mark DeVries | Barclays PLC |
Mark Hammond | Bank of America Merrill Lynch |
Moshe Orenbuch | Credit Suisse |
Sanjay Sakhrani | Keefe, Bruyette & Woods, Inc. |
John Hecht | Jefferies Group LLC |
Michael Tarkan | Compass Point Research & Trading, LLC |
Henry Coffey | Wedbush Securities Inc. |
Richard Shane | J.P. Morgan |
Ashish Nair | Citi |
Travis Pascavis | Hartford Investment Management Co. |
Good morning. My name is Lisa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Navient Third Quarter 2018 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.