GAAP net income in the quarter was $86,200,000 and diluted earnings per share was $1.07 Total cash and investments were $2,800,000,000 at quarter end, including $132,000,000 of cash and investments as a holding company. Shareholders' equity at December 31 was $2,200,000,000 and book value per share was $28.21 Book value per share, excluding the impact of net unrealized gains and losses in the investment portfolio, was $29.8 up 4% compared to the third quarter and 17% compared to the fourth quarter of last year. In the fourth quarter, we repurchased $27,900,000 of common stock, retiring 722,000 shares at an average price of $38.72 Through year end, we have repurchased a total of $245,000,000 of common stock, retiring 9,300,000.0 shares at an average price of $26.33 We have $80,000,000 of repurchase capacity remaining under our existing program and today's incremental $250,000,000 authorization provides us with significant additional capacity to continue driving value and returning capital to our shareholders. At quarter end, we reported $3,100,000,000 of total available assets under PMIERs and $1,800,000,000 of risk based required assets. Excess available assets were $1,300,000,000 Overall, we achieved standout financial results during the quarter, delivering consistent growth in our high quality insured portfolio, record top line performance, continued expense efficiency and strong bottom line profitability and returns.