Dynex Capital, Inc.

Good morning. My name is Dennis, and I will be your conference operator today. At this time, I would like to welcome everyone to the Dynex Capital Third Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. To withdraw your question, press star one again. I would now like to turn the conference over to Allison Griffin, Vice President of Investor Relations. Please go ahead.

Thank you, Dennis. Good morning, and thank you all for joining us today for the Dynex Capital's third quarter 2022 earnings call. The press release associated with today's call was issued and filed with the SEC this morning, October 24th. You may view the press release on the homepage of the Dynex website at dynexcapital.com. as well as on the SEC's website at sec.gov. Before we begin, we wish to remind you that this conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words believe, expect, forecast, anticipate, estimate, project, plan, and similar expressions identify forward-looking statements that are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. The company's actual results and timing of certain events could differ considerably from those projected and or contemplated by those forward-looking statements as a result of unforeseen external factors or risks. For additional information on these factors or risks, please refer to our disclosures filed with the SEC, which may be found on the Dynex website under Investor Center as well as on the SEC's website. This conference call is being broadcast live over the internet with a streaming slide presentation. which can be found through a webcast link on the homepage of our website. The slide presentation may also be referenced under quarterly reports on the Investor Center page. Joining me on the call is Byron Boston, Chief Executive Officer and Co-Chief Investment Officer. Murphy Papineau, President and Co-Chief Investment Officer, and Rob Colligan, Executive Vice President, Chief Financial Officer. And with that, it is my pleasure to turn the call over to Byron.

Thank you, Allison, and good morning.