John Damian | Head of Corporate Development and Investor Relations |
Richard Thornberry | Chief Executive Officer |
Franklin Hall | Senior Executive Vice President and Chief Financial Officer |
Derek Brummer | President of Mortgage |
Randolph Binner | B. Riley Securities, Inc. |
Bose George | Keefe, Bruyette, & Woods, Inc. |
Mark DeVries | Barclays Bank PLC |
Mihir Bhatia | Bank of America Merrill Lynch |
Ryan Gilbert | BTIG, LLC |
Geoffrey Dunn | Dowling & Partners Securities, LLC |
Jack Micenko | Susquehanna International Group, LLP |
Welcome to the Radian Fourth Quarter 2020 Earnings Call. My name is Anne and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] Please note that this conference is being recorded.