NYMTN 22.45 Stock Price New York Mortgage Trust, Inc.
Range: | 19.6-23.56 | Vol Avg: | 10400 | Last Div: | 2 | Changes: | -0.13 |
Beta: | 1.98 | Cap: | 0.53B | Currency: | USD | Exchange: | NASDAQ |
Sector: | Real Estate | IPO: | Mon Oct 30 2017 | Empoloyees: | 79 |
CUSIP: | 649604881 | CIK: | 0001273685 | ISIN: | US6496048819 | Country: | US |
CEO: | Mr. Jason T. Serrano | Website: | https://www.nymtrust.com |
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, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); 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.
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