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May 4, 2012 10:00 am ET
Alexandra Giladi – Investor Relations
Stewart Zimmerman – Chairman and Chief Executive Officer
Stephen D. Yarad – Chief Financial Officer
Craig L. Knutson – Executive Vice President
Bose George – Keefe, Bruyette & Woods, Inc.
Steven Delaney – JMP Securities
Jason Arnold – RBC Capital Markets
Douglas Harter – Credit Suisse
Jason Weaver – Sterne Agee & Leach Inc.
Arren Cyganovich – Evercore Partners
Christopher R. Donat – Sandler O'Neill
Daniel Furtado – Jefferies & Co.
Alan Straus – Schroders
Michael Widner – Stifel Nicolaus & Company, Inc.
Ladies and gentlemen, thank you for standing by. Welcome to the MFA Financial, Inc. First Quarter 2012 Earnings Call. At this time all participants are in a listen-only mode. Later we’ll conduct a question-and-answer session, instructions will be given at that time. (Operator instructions) As a reminder this conference is being recorded.
I’ll now like to turn the conference over to Alexandra Giladi. Please go ahead.
Good morning. Information discussed on this conference call today may contain or refer to forward-looking statements regarding MFA Financial, Inc., which reflect management’s beliefs, expectations, and assumptions as to MFA’s future performance and operations.
When used, statements that are not historical in nature, including those containing words such as, will, believe, expect, anticipate, estimate, plan, continue, intend, should, could, would, may or similar expressions, are intended to identify forward-looking statements. All forward-looking statements speak only as of the date on which they are made.