John Swenson | VP, IR and Treasury |
Bradley Shuster | Executive Chairman |
Claudia Merkle | CEO |
Adam Pollitzer | EVP and CFO |
Rick Shane | JPMorgan |
Mark DeVries | Barclays |
Bose George | KBW |
Mackenzie Aron | Zelman & Associates |
Geoffrey Dunn | Dowling & Partners Securities |
John Micenko | Susquehanna Financial Group |
Chris Gamaitoni | Compass Point |
Michael Ramirez | SunTrust Robinson Humphrey |
Phil Stefano | Deutsche Bank |
Good day ladies and gentlemen and welcome to the NMI Holdings, Inc.
First Quarter 2019 Earnings Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions] As a reminder, today's conference will be recorded.