Good morning. I'm Joseph Grassi, Chief Legal and Risk Officer of loanDepot, Inc. Welcome to the 2026 Annual Stockholder Meeting of loanDepot, Inc. We have stockholders attending via the web portal that we provided. We will conduct the business portion of our meeting first and answer general questions at the end of the meeting. Although we may not be able to answer every question, we will do our best to provide a response to as many questions as possible. It is now shortly after 9:00 A.M. Pacific Time on June 4, 2026, and this meeting is officially called to order. The company appointed Broadridge Financial Solutions to act as inspector of election. Inspector Richard Lessa from Broadridge is with us today and has already taken the oath of inspector of election. The agenda for today's meeting and the rules of conduct can be found in the meeting portal. After the formal meeting has been adjourned, we will provide time for general questions. Questions that pertain directly to the business of the meeting will be answered before the stockholder vote. Only validated stockholders may ask questions in the designated field on the web portal and consistent with our rules of conduct and procedures. Out of consideration for all of our stockholders, we will limit questions to one per stockholder. Please note that this meeting is being recorded. However, no one attending is permitted to record or capture all or any portion of the meeting. The Board of Directors fixed April 7, 2026, as the record date for determining stockholders entitled to vote at this meeting. An affidavit has been delivered attesting to the fact that the notice of the meeting, the proxy statement, and the 2025 annual report to stockholders were mailed on or about April 23, 2026 to all stockholders as of the record date. We were informed by the inspector of election that a quorum is present for purposes of transacting business. The polls are currently open and will remain open for the next few minutes. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions therein. If you voted your shares prior to the meeting, your vote has been received, and there is no need to vote these shares during the meeting unless you wish to revoke or change your vote. With that, I am pleased to introduce Anthony Hsieh, our Founder, Chief Executive Officer, President, and Executive Chairman of the Board of Directors. Thank you. I am proud and excited to be hosting our company's annual stockholders meeting. Since my return as CEO, with the support of our board, I have been laser-focused on our digital transformation and on fully leveraging our unique assets and strategy, including one of the most differentiated customer acquisition and retention business models in the marketplace today. We plan to continue investing in growing our top-of-the-funnel customer acquisition and origination capabilities, leveraging our brand and marketing muscle, delivering profitable market share growth, along with introducing contemporary technologies, including AI, which should lower our cost and increase our operating efficiency. Executing these strategies positions us to create sustainable value for our stockholders while accelerating growth in a competitive landscape. Thank you for being a part of our journey and for your participation in today's meeting. I would like to introduce my fellow board members present at this meeting, Andrew Dodson, Steven Ozonian, Pamela Hughes Patenaude, who are each a class 2 director standing for re-election at this meeting, John Lee, Dawn Lepore, and Brian Golson. Also attending today's meeting is our members of the executive management team, as well as a partner with our independent audit firm, Ernst & Young, David Howe. On behalf of the board of directors, I would like to express my appreciation to all stockholders who voted in advance of this meeting or who are attending the meeting today to vote. We now turn to the three proposals on the agenda. The board recommends a vote for each of these proposals. Proposal one is the election of three class 2 directors. The board's nominees are Andrew Dodson, Steven Ozonian, and Pamela Patenaude. Each nominee is an existing member of the board and is standing for re-election to hold office until the 2029 annual meeting of stockholders or until their successors are duly elected and qualified. Additional information about these nominees and each of the proposals considered today can be found in our proxy statement. Proposal two is the ratification of the Audit Committee's appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the year ending December 31st, 2026. Proposal three is a non-binding advisory stockholder vote to approve the compensation of loanDepot's named executive officers as disclosed in proxy materials for this meeting. This concludes the proposals for the 2026 annual meeting. We will pause briefly to answer any questions that pertain directly to one of these proposals and to allow final votes to be cast on the web portal. We have not received any questions or comments directly relating to the items on the agenda. We will defer any other questions until after the meeting. Now that everyone has had the opportunity to vote, I declare the polls for our 2026 annual meeting of stockholders closed. We received a preliminary voting report from our inspector of elections. Based on proxies received prior to today's meeting, the inspector of elections has reported that each nominee for election to the board has been elected by a plurality of votes. The appointment of Ernst & Young has been ratified, and the compensation of the named executive officers has been approved on an advisory basis. Details regarding the final stockholder vote will be reported in a current report on Form 8-K that we will file with the SEC within four business days. The business of our 2026 annual meeting is now concluded, and the meeting is adjourned. We have not received any questions. Therefore, that concludes our meeting. We thank you for your attendance today and your continued support.