Navient Corporation

The conference will begin shortly. To raise your hand during Q&A. Good morning, ladies and gentlemen.

Thank you for standing by. And welcome to Navient second quarter 2022 earnings conference call. At this time, all participants are on the listen-only mode. After this biggest presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 1 1. Please be advised that today's conference may be recorded. I would now like to turn the conference over to speaker host, Jen Arias. Please go ahead.

Thank you, Olivia. Good morning and welcome to Navient's second quarter 2022 earnings call. With me today are Jack Ramondi, our CEO, and Joe Fisher, our CFO. After the prepared remarks, we will open up the call for questions. Before we begin, keep in mind our discussion will contain predictions, expectations, forward-looking statements, and other information about our business that is based on management's current expectations as of the date of this presentation. Actual results in the future may be materially different from those discussed here. This could be due to a variety of factors. Listeners should refer to the discussion of those factors on the company's Form 10-K and other filings with the SEC. During this conference call, we will refer to non-GAAP financial measures, including core earnings, adjusted tangible equity ratio, and various other non-GAAP financial measures derived from core earnings. Our GAAP results and description of our non-GAAP financial measures, and with a full reconciliation to GAAP, can be found in the second quarter 2022 supplemental earnings disclosure. This is posted on the investors page at Naviant.com. Thank you, and now I'll turn the call over to Jack.