Ocwen Financial Corporation NEW

Stand by, your program is about to begin. If you see new systems during your conference day, please press star zero. Good day, everyone, and welcome to today's Aquin Financial Corporation First Corner Earnings Business Update Conference. At this time, all participants are in a listen-only mode. Later, you have the opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing the star and 1 on your telephone keypad, and you may withdraw yourself in the queue by pressing star 2. Please note this call is being recorded, and I will be standing by if you should need any assistance. It is now my pleasure to turn the conference over to Mr. Deco Askerellian, Senior Vice President, Corporate Communications.

Good morning, and thank you for joining us for Ockman's first quarter 2024 earnings call. Please note that our earnings release and slide presentation are available on our website. Speaking on the call will be Ockman'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 statements may be identified by reference to a future period or use of forward-looking terminology and address matters that are uncertain. You should bear this uncertainty in mind and should not place undue reliance on such statements. Forward-looking statements speak only as of the date they are made and involve assumptions, risks, and uncertainties, including those described in our SEC filings. In the past, actual results have differed materially from those suggested by forward-looking statements, and this may happen again. In addition, the presentation or comments contain references to non-GAAP financial measures such as adjusted pre-tax income. We believe these non-GAAP financial measures provide a useful supplement to discussions and analysis of our financial conditions because they are measures that management uses to assess the 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 GAAP results. A reconciliation of these non-GAAP measures to their most directly comparable GAAP measures and management's view on why 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.

Thanks, Dico. Good morning, everyone, and thanks for joining our call. Today, we'll share our results for the first quarter and take you through our progress in executing our strategy and financial objectives to deliver long-term value for our shareholders.