Granite Point Mortgage Trust Inc (NYSE:GPMT) Q2 2020 Earnings Conference Call - Final Transcript
Aug 11, 2020 • 10:00 am ET
Good morning. My name is Sarah, and I will be your conference facilitator. At this time, I would like to welcome everyone to Granite Point Mortgage Trust Second Quarter 2020 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the call over to Chris Petta with Investor Relations for Granite Point. Please go ahead.
Thank you, and good morning, everyone. Thank you for joining our call to discuss Granite Point's Second Quarter 2020 Financial Results. With me on the call this morning are Jack Taylor, our President and CEO; Marcin Urbaszek, our CFO; Steve Alpart, our CIO; and Steve Plust, our COO.
After my introductory comments, Jack will review our current business activities and provide a brief recap of market conditions. Steve Alpart will discuss our portfolio, and Marcin will highlight key items from our financial results.
The press release and financial tables associated with today's call as well as our Form 10-Q were filed yesterday with the SEC. If you do not have a copy, you may find them on our website or on the SEC's website at sec.gov.
In our earnings release and slides, which are now posted in the Investor Relations section of our website, we have provided a reconciliation of GAAP to non-GAAP financial measures. We urge you to review this information in conjunction with today's call.
I would also like to mention that this call is being webcast and may be accessed on our website in the same location.
Before I turn the call over to Jack, I would like to remind you that remarks made by management during this conference call and the supporting slides may include forward-looking statements. Forward-looking statements reflect our views regarding future events and are typically associated with the use of words such as anticipate, expect, estimate and believe or other such words. We caution investors not to rely unduly on forward-looking statements. They imply risks and uncertainties, and actual results may differ materially from expectations.
We urge you to carefully consider the risks described in our filings with the SEC, including our most recent 10-K and 10-Q reports, which may be obtained on the SEC's website at sec.gov. We do not undertake any obligation to update or correct any forward-looking statements if later events prove them to be inaccurate.
I will now turn the call over to Jack.
Thank you, Chris, and good morning, everyone. We would like to welcome you all and thank you for joining our second quarter 2020 earnings call. These past months have presented historic challenges to our country, our industry and our company. They do not change, but rather reinforce our core beliefs and approach.
We emphasize preserving and ultimately expanding the value of our business for the benefit of our stockholders over the long term by actively managing both sides of our balance sheet. Through our extensive experience managing through multiple cycles, we understand that at its core, this is a relationship business. And