Redwood Trust, Inc. (NYSE:RWT) Q2 2024 Results Conference Call August 1, 2024 8:00 AM ET

Company Participants

Kaitlyn Mauritz - Head of Investor Relations
Chris Abate - Chief Executive Officer
Dash Robinson - President
Brooke Carillo - Chief Financial Officer

Conference Call Participants

Bose George - KBW
Douglas Harter - UBS
Crispin Love - Piper Sandler
Jason Weaver - Jones Trading
Don Fandetti - Wells Fargo
Stephen Laws - Raymond James
Eric Hagen - BTIG
Rick Shane - JPMorgan
Steve Delaney - Citizens JMP Securities

Operator

Good afternoon, and welcome to the Redwood Trust Inc. Second Quarter 2024 Financial Results Conference Call. Today's conference is being recorded.

I will now turn the call over to Kaitlyn Mauritz, Redwood's Head of Investor Relations. Please go ahead, ma'am.

Kaitlyn Mauritz

Thank you, operator. Hello, everyone, and thank you for joining us today for our second quarter 2024 earnings conference call. With me on today's call are Chris Abate, Chief Executive Officer; Dash Robinson, President; and Brooke Carillo, Chief Financial Officer.

Before we begin, I want to remind you that certain statements made during management's presentation today with respect to future financial and business performance may constitute forward-looking statements. Forward-looking statements are based on current expectations, forecasts and assumptions and include risks and uncertainties that could cause actual results to differ materially. We encourage you to read the Company's annual report on Form 10-K, which provides a description of some of the factors that could have a material impact on the Company's performance and cause actual results to differ from those that may be expressed in forward-looking statements.

On this call, we may also refer to both GAAP and non-GAAP financial measures. The non-GAAP financial measures provided should not be utilized in isolation or considered as a substitute for measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP financial measures are provided in our second quarter Redwood Review, which is available on our website, redwoodtrust.com. Also note that the content of today's conference call contains time-sensitive information that are only accurate as of today. We do not intend and undertake no obligation to update this information to reflect subsequent events or circumstances. Finally, today's call is being recorded and will be available on our website later today.

With that, I'll turn the call over to Chris for opening remarks.

Chris Abate

Thanks, Kate, and welcome everyone to Redwood's second quarter of 2024 earnings call. As always, I'll kick off our opening remarks before handing it over to Dash and Brooke to cover our operating and financial results.