Earnings available for distribution (EAD) of $0.76 per average common share. Book value per common share of $19.82. Declared quarterly common stock cash dividend of $0.70 per share. Economic return of 1.5% for the first quarter. Total portfolio size of $106.7 billion as of March 31, 2026. Economic leverage maintained at 5.7x. Residential Credit portfolio grew 30% quarter-over-quarter to $10.3 billion.