Ellington Financial Inc. Common Stock

Please stand by. Your program is about to begin.

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Ellington Financial First Quarter 2025 Earnings Conference Call. Today's call is being recorded. At this time, all participants have been placed in a listen-only mode. The floor will be open for your questions following the presentation. If you would like to ask a question during that time, simply press star, then the number 1 on your telephone keypad. If at any time your question has been answered, you may remove yourself from the queue by pressing star and 2. Lastly, if you should require any operator assistance, please press star and 0. It is now my pleasure to turn the call over to Aladin Chalet. You may begin.

Thank you. Before we begin, I'd like to remind everyone that this conference call may include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not historical in nature and involve risks and uncertainties, details in our annual and quarterly reports filed with the SEC. Actual results may differ materially from these statements, so they should not be considered to be predictions of future events. The company undertakes no obligation to update these forward-looking statements. Joining me today are Larry Penn, Chief Executive Officer of Ellington Financial, Mark Dukoski, Co-Chief Investment Officer, and J.R. Hurley, Chief Financial Officer. Our first quarter earnings conference call presentation is available on our website, ellingtonfinancial.com. Today's call will track that presentation, and all statements and references to figures are qualified by the important notice and end notes in the back of the presentation. With that, I'll hand it over to Larry.