Operator

Hello, and welcome to the Annual Meeting of Stockholders of Radian Group Inc. Please note that today's meeting is being recorded. [Operator Instructions]

It is now my pleasure to turn today's meeting over to Howard Culang. Mr. Culang, the floor is yours.

Howard Culang

Good morning. My name is Howard Culang, I'm the Non-Executive Chair of the Board of Directors of Radian. I would like to welcome all of you to Radian Group's 2026 Annual Meeting of Stockholders is being held via live audio webcast.

I would like to call each stockholders' attention to the agenda that outlines the order of business for today's meeting. I will act as Chair of the meeting, and Elizabeth Diffley, who is EVP, Senior Corporate Counsel and Corporate Secretary of the company, will act as Secretary of the meeting. It's now approximately 9:00 a.m. and in accordance with the Notice of the 2026 Annual Meeting of Stockholders, which was sent to you with the Proxy Statement, I call the 2026 Annual Meeting of Stockholders to order.

If any stockholder would like to access a copy of the Annual Report or Proxy Statement, links to those documents are located in the Meeting Documents section at the right of your screen.

Before we proceed, it's my pleasure to introduce Rick Thornberry, Radian's Chief Executive Officer; and Daniel Kobell, Radian's Interim Chief Financial Officer. Also in attendance today are all of the members of our Board and several other members of senior management. John Beasley, representing PricewaterhouseCoopers LLP, company's independent registered public accounting firm, is also present this morning. Mr. Beasley will be available during the question period to answer any appropriate questions you