Redwood Trust Inc at Morgan Stanley State of the Housing Market Webcast Series Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the State of the Housing Market, Redwood Trust, RWT.
(Operator Instructions) Please be advised that today's conference is being recorded.
(Operator Instructions) I would now like to hand the conference over to your speaker today, Jancy Yang. Thank you. Please go ahead, madam.
Great. Thank you. Good morning, everyone. Thank you for joining us today. This is Jancy Yang from the Corporate Access Team at Morgan Stanley. This call is part of a series of state of real estate webcast that we've posted. Throughout the call, you can type in your questions via the webcast link in the box, and we'll go through them throughout the session. For important disclosures, please see the Morgan Stanley research disclosure website.
And with that, I'll pass it over to Richard Hill, our Head of U.S. CRE Research.
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