Jason Frank | Corporate Counsel and Secretary |
Larry Penn | Chief Executive Officer |
JR Herlihy | Chief Financial Officer |
Mark Tecotzky | Co-Chief Investment Officer |
Crispin Love | Sandler O'Neill |
Eric Hagen | KBW |
Tim Hayes | B. Riley FBR |
Mikhail Goberman | JMP securities |
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Ellington Financial Fourth Quarter 2018 Earnings Conference Call. Today's call is being recorded. [Operator Instructions] It is now my pleasure to turn the floor over to Jason Frank, Corporate Counsel and Secretary.