Operator

Good day, and thank you for standing by. Welcome to the Altisource Portfolio Solutions First Quarter 2026 Earnings Call. [Operator Instructions] Please be advised that this conference is being recorded.

I would now like to introduce your speaker for today, Michelle Esterman, Chief Financial Officer. Please go ahead.

Michelle Esterman
Chief Financial Officer

Thank you, operator. We first want to remind you that the earnings release and quarterly slides are available on our website at www.altisource.com. These provide additional information investors may find useful. Our remarks today include forward-looking statements, which include a number of risks and uncertainties that could cause actual results to differ. Please review the forward-looking statement sections in the company's earnings release and quarterly slides as well as the risk factors contained in our 2025 Form 10-K. These describe some factors that may lead to different results. We undertake no obligation to update statements, financial scenarios and projections previously provided or provided herein as a result of a change in circumstances, new information or future events.

During this call, we will present both GAAP and non-GAAP financial measures. In our earnings release and quarterly slides, you will find additional disclosures regarding the non-GAAP measures. A reconciliation of GAAP to non-GAAP measures is included in the appendix to the quarterly slides.

Joining me for today's call is Bill Shepro, our Chairman and Chief Executive Officer. I will now turn the call over to Bill.

William Shepro
Chairman & CEO

Thanks, Michelle, and good morning. I'll begin on Slide 4. We are off to a strong start this