Operator

Hello, and welcome, everyone, joining today's Onity Group's First Quarter Earnings and Business Update Conference Call. [Operator Instructions] Please note, this call is being recorded, and we are standing by if you should need any assistance.

It is now my pleasure to turn the meeting over to Valerie Haertel, Vice President, Investor Relations. Please go ahead.

Valerie Haertel
Vice President of Investor Relations

Good morning, and welcome to Onity Group's first quarter 2026 earnings call. Please note that our earnings release and presentation are available on our website at onitygroup.com. Speaking on the call will be Chair, President, and Chief Executive Officer, Glen Messina; and Chief Financial Officer, Sean O'Neil.

As a reminder, our comments today may contain forward-looking statements made pursuant to the safe harbor provisions of the federal securities laws. These statements may be identified by reference to a future period or by use of forward-looking terminology and address matters that are uncertain. Forward-looking statements speak only as of the date they are made and involve assumptions, risks, and uncertainties, including those described in our SEC filings. In the past, actual results have differed materially from those suggested by forward-looking statements, and this may happen again.

In addition, the presentation and our comments contain references to non-GAAP financial measures, such as adjusted pretax income. We believe these non-GAAP measures provide a useful supplement to discussions and analysis of our financial condition because they are measures that management uses to assess the