Ocwen Financial Corporation NEW

Greetings and welcome to the Aquin Financial Corporation fourth quarter earnings and business update conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce one of your hosts, Mr. Diko Exerillian, Senior Vice President of Corporate Communications. Please go ahead, sir.

Good morning, and thank you for joining us for Auckland's full year and fourth quarter 2022 earnings call. Please note that our earnings release and slide presentation are available on our website. Speaking on the call will be Auckland's Chair and Chief Executive Officer Glenn Messina and Chief Financial Officer Sean O'Neill. As a reminder, the presentation or comments today may contain forward-looking statements made pursuant to the safe harbor provisions of the federal securities laws. These forward-looking statements may be identified by reference to a future period or by use of forward-looking terminology and address matters that are to different degrees uncertain. You should bear this uncertainty in mind and should not place undue reliance on such statements. Forward-looking statements involve assumptions, risks, and uncertainties, including the risks and uncertainties described in our SEC filings. including our Form 10-K for the year ended December 31st, 2021, and when available for the year ended December 31st, 2022. In the past, actual results have differed materially from those suggested by forward-looking statements, and this may happen again. Our forward-looking statements speak only as of the date they are made, and we disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. In addition, The presentation or comments contain references to non-GAAP financial measures, such as adjusted pre-tax income and adjusted expenses, among others. We believe these non-GAAP financial measures provide a useful supplement to discussions and analysis of our financial condition because they are measures that management uses to assess the financial performance of our operations and allocate resources. Non-GAAP financial measures should be viewed in addition to and not as an alternative for the company's reported results under accounting principles generally accepted in the United States. A reconciliation of the non-GAAP measures used in this presentation to their most directly comparable GAAP measures, as well as additional information regarding why management believes these measures may be useful to investors, may be found in the press release and the appendix to the investor presentation. Now, I will turn the call over to Glenn Messina.

Good morning, everyone, and thanks for joining our call. We're looking forward to sharing our progress with you this morning. Today, we'll review a few highlights for the full year and fourth quarter, take you through our actions to address the market environment, and discuss why we believe our balanced and diversified model can deliver long-term value.