Brian Cronin | VP, IR |
Jon Witter | CEO |
Steve McGarry | EVP & CFO |
Moshe Orenbuch | Credit Suisse |
Mark DeVries | Barclays |
Sanjay Sakhrani | KBW |
Melissa Wedel | JPMorgan |
Good day and thank you for standing by. Welcome to the Second Quarter Sallie Mae Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.