Key 1Q25 takeaways include: 1) we expect loan origination volumes to remain strong reflecting accelerating demand trends, and increasing throughput from the company's pass-through arrangement with Ally Financial (often a source of better-performing paper at lower client acquisition costs) 2) funding capacity continues to build reflecting ongoing securitizations including a residual financing, thereby providing incremental firepower to fund continued loan growth and 3) portfolio credit trends (net charge-offs and delinquencies) inflected positively in 1Q25, with favorable lead indicators around constructive unemployment rates, tighter underwriting standards, and an improving loan portfolio mix.