Two Harbors Investment (TWO) Q2 2012 Earnings Call August 02, 2012 9:00 am ET Executives Christine Battist - Managing Director Thomas Edwin Siering - Chief Executive Officer, President and Director Brad Farrell - Chief Financial Officer, Principal Accounting Officer and Treasurer William Roth - Co-Chief Investment Officer Analysts Bose George - Keefe, Bruyette, & Woods, Inc., Research Division Douglas Harter - Crédit Suisse AG, Research Division Mark C. DeVries - Barclays Capital, Research Division Trevor Cranston - JMP Securities LLC, Research Division Joel J. Houck - Wells Fargo Securities, LLC, Research Division Calvin Hotrum - Sterne Agee & Leach Inc., Research Division Gabriel J. Poggi - FBR Capital Markets & Co., Research Division Boris E. Pialloux - National Securities Corporation, Research Division PresentationOperator
Good morning. My name is Mimi, and I'll be your conference facilitator. At this time, I would like to welcome everyone to Two Harbors' Second Quarter 2012 Financial Results Conference Call. [Operator Instructions] I would now like to the call over to Christine Battist, Managing Director of Two Harbors. You may begin. Christine Battist Thank you, Mimi, and good morning. Welcome to Two Harbors' Second Quarter 2012 Financial Results Conference Call. With me this morning are Tom Siering, President and Chief Executive Officer; Brad Farrell, Chief Financial Officer; and Bill Roth, Co-Chief Investment Officer. After my introductory comments, Tom will provide some insights into the current macro environment and potential impact to our strategy. Then, Brad will highlight some key items from our financial results, and Bill will review our portfolio performance, provide an update on the deployment of capital from our recent stock offerings and discuss the market outlook.