Redwood Trust, Inc. (RWT) Q1 2026 Earnings Call

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WEBVTT 00:00:01.195 -- 00:00:06.523 Good afternoon and welcome to the Redwood Trust Inc's first quarter 2026 financial 00:00:06.523 -- 00:00:11.110 results conference call. Today's conference is being recorded. 00:00:11.110 -- 00:00:16.217 I will now turn the call over to Natasha Fothery, Senior Vice President of 00:00:16.217 -- 00:00:17.179 Finance. 00:00:17.179 -- 00:00:19.980 Please go ahead, ma'am. 00:00:22.166 -- 00:00:23.588 Thank you, Operator. 00:00:23.588 -- 00:00:28.375 Hello, everyone, and thank you for joining us today for Redwood's first quarter 2026 00:00:28.375 -- 00:00:33.950 earnings conference call. With me on today's call are Chris Abate, 00:00:33.950 -- 00:00:39.134 Chief Executive Officer, Dash Robinson, President, and Brooke 00:00:39.134 -- 00:00:44.359 Carrillo, Chief Financial Officer. Before we begin today, I want to remind 00:00:44.359 -- 00:00:48.663 you that certain statements made during management's presentation today with respect 00:00:48.663 -- 00:00:53.948 to future financial and business performance may constitute forward-looking statements. 00:00:53.948 -- 00:00:59.549 Forward-looking statements are based on current expectations, forecasts, and assumptions, 00:00:59.549 -- 00:01:05.118 which include risks and uncertainties that could cause actual results to differ materially. 00:01:05.118 -- 00:01:10.406 We encourage you to read the company's annual report on Form 10-K, which provides a description 00:01:10.406 -- 00:01:14.612 of some of the factors that could have a material impact on the company's performance 00:01:14.612 -- 00:01:18.478 and cause actual results to differ from those that may be expressed in forward-looking 00:01:18.478 -- 00:01:20.478 statements. 00:01:20.602 -- 00:01:25.317 On this call, we may also refer to both...