NYMT

New York Mortgage Trust Announces Tax Treatment of 2023 Dividend Distributions

Retrieved on: 
Tuesday, January 30, 2024
NYMT, UBTI, CUSIP, Income tax, Holding company

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2023.

Key Points: 
  • NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2023.
  • This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company.
  • Also, as each stockholder's tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company's dividend distributions.
  • The Company's dividend distributions per share of common stock (CUSIP #649604840) are to be classified for income tax purposes as follows:

New York Mortgage Trust Announces Tax Treatment of 2022 Dividend Distributions

Retrieved on: 
Monday, January 30, 2023
UBTI, Income tax, NYMT, CUSIP, Holding company

NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2022.

Key Points: 
  • NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2022.
  • This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company.
  • Also, as each stockholder's tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their specific tax treatment of the Company's dividend distributions.
  • The Company's dividend distributions per share of common stock (CUSIP #649604501) are to be classified for income tax purposes as follows:

New York Mortgage Trust Appoints Nicholas Mah as President

Retrieved on: 
Monday, December 12, 2022
Delinquent, Investment Company Act of 1940, REIT, Fannie Mae, Government National Mortgage Association, Fortress Investment Group, Nature, Portfolio manager, The Blackstone Group, The, OHA, Freddie Mac, ABS, Risk, Trust, CMBS, NYMT, RMBS, Investment, Risk management, COVID-19

NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today announced that its Board of Directors has named Nicholas Mah as President of the Company, effective January 1, 2023.

Key Points: 
  • NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today announced that its Board of Directors has named Nicholas Mah as President of the Company, effective January 1, 2023.
  • Mr. Mah is currently a Managing Director of the Company, responsible for the Company’s portfolio management and trading of mortgage securities and whole loans.
  • Prior to joining the Company, Mr. Mah was a Portfolio Manager and Managing Director at Oak Hill Advisors, L.P. (“OHA”), where he was one of the founding members of OHA’s mortgage business.
  • Over the course of his tenure at OHA, he had responsibilities encompassing portfolio management, trading and financing of residential mortgage securities and whole loans.

New York Mortgage Trust Declares Fourth Quarter 2022 Common Stock Dividend of $0.10 Per Share, and Preferred Stock Dividends

Retrieved on: 
Monday, December 12, 2022
Delinquent, Investment Company Act of 1940, REIT, Fannie Mae, Government National Mortgage Association, Nature, Security (finance), Freddie Mac, ABS, Risk, Trust, CMBS, Investment, NYMT, RMBS, Risk management, COVID-19

New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes.

Key Points: 
  • New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”) for federal income tax purposes.
  • NYMT is an internally managed REIT in the business of acquiring, investing in, financing and managing primarily mortgage-related single-family and multi-family residential assets.
  • Statements regarding the following subject, among others, may be forward-looking: the payment of dividends.
  • New risks and uncertainties arise over time and it is not possible to predict those events or how they may affect the Company.

New York Mortgage Trust Provides Preliminary Estimates of Third Quarter 2022 Financial Results and Announces Date of Third Quarter 2022 Conference Call

Retrieved on: 
Monday, October 17, 2022
Trust, U.S. Securities and Exchange Commission, Time, Securities Act of 1933, Investor relations, SEC, Securities Exchange Act of 1934, Review, Conference, CMBS, Fannie Mae, Government National Mortgage Association, Financial condition report, Result, Security (finance), GAAP, Investment, REIT, Delinquent, Nasdaq, Risk, Depreciation, Investment Company Act of 1940, ABS, Company, Analysis, Eastern Time Zone, Nature, Freddie Mac, GLOBE, NYMT, Forward-looking statement, RMBS, Online gambling, Renewable energy, Real estate, Bank, Risk management, COVID-19

Company recourse leverage ratio was estimated to be 0.5x and portfolio recourse leverage ratio was estimated to be 0.4x as of September 30, 2022.

Key Points: 
  • Company recourse leverage ratio was estimated to be 0.5x and portfolio recourse leverage ratio was estimated to be 0.4x as of September 30, 2022.
  • The preliminary estimates set forth above are unaudited and subject to change as the Companys quarter end closing process is completed.
  • 2022 Third Quarter Conference Call Scheduled for Thursday, November 3, 2022
    The Company expects to release its financial results for the quarter ended September 30, 2022 after the market close on Wednesday, November 2, 2022.
  • New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, November 3, 2022.

New York Mortgage Trust Announces Repositioning Away from Multi-Family Joint Venture Equity Portfolio

Retrieved on: 
Friday, September 23, 2022
Securities Exchange Act of 1934, Fannie Mae, Time, Delinquent, CMBS, ABS, Trust, RMBS, NYMT, Securities Act of 1933, Nature, Government National Mortgage Association, Investment Company Act of 1940, Company, REIT, Forward-looking statement, U.S. Securities and Exchange Commission, Investment, Risk, Nasdaq, Board of directors, Board, Freddie Mac, Security (finance), GLOBE, SEC, Real estate, Risk management, COVID-19

The Company held $265.0 million in joint venture equity interests in multi-family properties as of June 30, 2022, representing 5.7% of its total investment portfolio.

Key Points: 
  • The Company held $265.0 million in joint venture equity interests in multi-family properties as of June 30, 2022, representing 5.7% of its total investment portfolio.
  • Thus, we are considering various opportunities to monetize what we believe is appreciated value within our portfolio of multi-family joint venture equity investments.
  • New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes.
  • Statements regarding the following subject, among others, may be forward-looking: strategic repositioning away from the Companys multi-family joint venture equity portfolio, unlocking value for stockholders and rotating the portfolio to investments in a higher rate environment.

New York Mortgage Trust Declares Third Quarter 2022 Common Stock Dividend of $0.10 Per Share, and Preferred Stock Dividends

Retrieved on: 
Friday, September 16, 2022
Securities Exchange Act of 1934, Fannie Mae, Delinquent, Time, CMBS, ABS, COVID-19, Trust, RMBS, NYMT, Securities Act of 1933, Nature, Government National Mortgage Association, Investment Company Act of 1940, Company, REIT, Forward-looking statement, U.S. Securities and Exchange Commission, Investment, Risk, Freddie Mac, Security (finance), SEC, Risk management

New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes.

Key Points: 
  • New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes.
  • Statements regarding the following subject, among others, may be forward-looking: the payment of dividends.
  • All forward-looking statements speak only as of the date on which they are made.
  • New risks and uncertainties arise over time and it is not possible to predict those events or how they may affect the Company.

New York Mortgage Trust 2022 Second Quarter Conference Call Scheduled for Wednesday, August 3, 2022

Retrieved on: 
Wednesday, July 20, 2022
Nasdaq, Investor relations, Investment, Eastern Time Zone, Trust, GLOBE, NYMT, REIT, Company, Real estate

NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the Company) is scheduled to report financial results for the three and six months ended June 30, 2022 after the close of market on August 2, 2022.

Key Points: 
  • NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the Company) is scheduled to report financial results for the three and six months ended June 30, 2022 after the close of market on August 2, 2022.
  • New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Wednesday, August 3, 2022.
  • To access the conference call, please pre-register using this link .
  • New York Mortgage Trust, Inc.is aMarylandcorporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes.

New York Mortgage Trust Declares Second Quarter 2022 Common Stock Dividend of $0.10 Per Share, and Preferred Stock Dividends

Retrieved on: 
Friday, June 17, 2022
Time, Securities Exchange Act of 1934, Security (finance), COVID-19, CMBS, REIT, Fannie Mae, Investment Company Act of 1940, Company, U.S. Securities and Exchange Commission, Government National Mortgage Association, Forward-looking statement, Securities Act of 1933, Trust, Freddie Mac, Investment, NYMT, SEC, Nature, RMBS, Risk, ABS, Delinquent, Risk management

New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes.

Key Points: 
  • New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes.
  • Statements regarding the following subject, among others, may be forward-looking: the payment of dividends.
  • All forward-looking statements speak only as of the date on which they are made.
  • New risks and uncertainties arise over time and it is not possible to predict those events or how they may affect the Company.

New York Mortgage Trust, Inc. Announces Election of Gena Cheng to Board of Directors

Retrieved on: 
Tuesday, June 7, 2022
Woman, Company, Board of directors, Trust, Arthur Andersen, NYMT, REIT, Investment, GLOBE, NASDAQ, USAA, Industry, Board, Shareholder, Morgan Stanley, Principal, Management, Real estate

NEW YORK, June 07, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (the Company) (NASDAQ: NYMT) today announced thatGena Chenghas been elected to its Board of Directors (the Board).

Key Points: 
  • NEW YORK, June 07, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (the Company) (NASDAQ: NYMT) today announced thatGena Chenghas been elected to its Board of Directors (the Board).
  • Were excited to welcome Gena Cheng to NYMTs Board of Directors, said Steven Mumma, the Companys Executive Chairman.
  • Gena's vast experience in real estate financing, investor relations and operations make her a strong addition to our Board.
  • The Companys Board is now comprised of seven directors, five of whom are independent, with women making up 60% of independent directors and 43% of the full Board.