Core Insights - The company experienced performance improvement in 2025 due to disciplined execution, lower interest expenses from a new capital structure, and strong sales wins across both business segments [1] Revenue Diversification - The company is actively diversifying its revenue base to reduce the impact of expiring legacy agreements, particularly the Cooperative Brokerage Agreement (CBA) with Rithm [1] Inventory Growth - HUBZU inventory saw a significant 137% increase since Q3 2025, reaching 13,500 assets, primarily due to the onboarding of two major new sales wins [1] Revenue Growth - The Origination segment achieved 40% year-over-year revenue growth in Q4 2025, driven by successful onboarding of Lenders One business wins [1] Market Environment - Management attributes the improving market environment to rising foreclosure starts and late-stage delinquencies, which have reached their highest levels since February 2023 [1] Operational Efficiency - The company is targeting operational efficiency through 'Project 45', a strategic initiative aimed at achieving a $45,000,000 adjusted EBITDA run rate by 2028 [1]