Joe Fisher | Vice President of Investor Relations |
Jack Remondi | President and Chief Executive Officer |
Christian Lown | Executive Vice President and Chief Financial Officer |
Steven Kwok | Keefe, Bruyette & Woods |
Leon Cooperman | Omega Advisors |
John Hecht | Jefferies |
Richard Shane | J.P. Morgan |
Moshe Orenbuch | Credit Suisse |
Arren Cyganovich | Citigroup |
Mark Hammond | Bank of America Merrill Lynch |
Henry Coffey | Wedbush Securities Inc. |
Mark DeVries | Barclays Capital |
Travis Pascavis | PIMCO |
Good morning. My name is Felicia and I'll be your conference operator today. At this time, I would like to welcome everyone to Navient Second Quarter 2019 Earnings Conference 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.