Alison Griffin | VP, IR |
Byron Boston | CEO & President |
Smriti Popenoe | CIO |
Steve Benedetti | CFO & COO |
Christopher Nolan | Ladenburg Thalmann |
Eric Hagen | KBW |
Douglas Harter | Credit Suisse |
Trevor Cranston | JMP Securities |
Ladies and gentlemen, thank you for standing by, and welcome to the Dynex Capital Incorporated Third Quarter 2017 Earnings Conference Call. [Operator Instructions] After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you. I would now like to turn today's conference over to Alison Griffin, Vice President, Investor Relations. Please go ahead.