N
New York Mortgage Trust, Inc.
NYMT US
NYMT USNew York Mortgage Trust, Inc.
United States Composite6.97
USD
-0.13
(-1.83%)
Company Description
- CEO
- Mr. Jason T. Serrano
- Full Time Employees
- 79
- Sector
- Real Estate
- Industry
- REIT—Mortgage
- Address
- 90 Park Avenue New York NY United States 10016
- Website
- www.nymtrust.com
- Business
- New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2003 and is headquartered in New York, New York.