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New York Mortgage Trust, Inc. - $NYMT STOCK NEWS

Welcome to our dedicated page for New York Mortgage Trust news (Ticker: $NYMT), a resource for investors and traders seeking the latest updates and insights on New York Mortgage Trust stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect New York Mortgage Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of New York Mortgage Trust's position in the market.

Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) reported a net loss of $37.2 million for Q2 2023, with a net loss per share of $0.41. The company's yield on average interest earning assets was 6.07%. Book value per common share at the end of the period was $12.44. NYMT purchased $545.6 million of Agency RMBS and $106.3 million in residential loans during the quarter. They also received $33.7 million in proceeds from redemptions of Mezzanine Lending investments. The CEO expressed optimism about the sector and plans to allocate excess liquidity for balance sheet expansion.
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New York Mortgage Trust, Inc.

Nasdaq:NYMT

NYMT Rankings

NYMT Stock Data

566.54M
89.72M
1.57%
57.18%
2.29%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK

About NYMT

new york mortgage trust, inc. acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the united states. its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non-qualified mortgage loans, second mortgages, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(rmbs); agency rmbs and cmbs; and other mortgage-related, residential housing-related, 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 founded in 2003 and is head