NYMTL Stock Discussion

New York Mortgage Trust, Inc. - 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, $0.01 par value per share Description

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.

Sector: Real Estate
Industry: REIT - Mortgage
Keywords: Real Estate Investment Trust Structured Finance Mortgage Backed Security Fixed Income Securities Collateralized Debt Obligation Mortgage Real Estate Mortgage Investment Conduit Residential Mortgage Backed Security Commercial Mortgage Backed Security Commercial Mortgage