In addition to the $150 million of outstanding repurchase agreement financing collateralized by non-Agency RMBS noted above, the Company has approximately $962 million of outstanding repurchase agreement financing secured by residential mortgage loans, resulting in total outstanding repurchase agreement financing of approximately $1.1 billion. The Company has reduced its outstanding repurchase agreement financing with respect to mortgage-backed securities (“MBS”) to approximately $150 million with one counterparty. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. NYMT Dividend Yield 11.67% NYMT Annual Dividend $0.30 . Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. The increased financing is collateralized by previously unencumbered residential mortgage loans. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. HOT STOCK FUTURES: HOT STOCKS TO WATCH, US HOT STOCKS: Aeropostale, Marvell Tech, DryShips Active in Late Trading, U.S. NYMT Ex-Dividend Date 2020 September 23. Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Source: FactSet. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The reduction in the Company’s repurchase agreement financing for MBS significantly lowers the Company’s MBS mark-to-market financing exposure, which was a primary factor in the reduction of liquidity to mortgage REITs in recent weeks. Ex-Div. The Company estimates that its total debt leverage ratio is 0.7 to 1. NEW YORK, April 07, 2020 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) today announced the following updates with respect to its business. Sep 14, 2020 New York Mortgage Trust Declares Third Quarter 2020 Common Stock Dividend of $0.075 Per Share, and Preferred Stock Dividends PR Newswires; Aug 5, 2020 New York Mortgage Trust … “The Company continues to navigate the difficult financial and economic environment resulting from the global pandemic of the COVID-19 virus,” said Steven R. Mumma, the Company’s Chairman and Chief Executive Officer. New York Mortgage Trust, Inc. (NYMT) is a self-advised real estate investment trust (REIT.) 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, April 07, 2020 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) today announced the following updates with respect to its business. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. “To the extent we are successful in obtaining term financing for this portfolio, we believe such financing could enhance our liquidity position and provide opportunities to invest in this new operating landscape.”. HOT STOCKS: Cisco, PetSmart, Electronic Arts, Sears, U.S. ... New York Mortgage Trust Inc NYMT Morningstar Rating Rating as of Oct 2, 2020. New York Mortgage Trust, Inc. is a real estate investment trust, which engages in the acquisition, investment, finance and... Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. The Company is current with all of its repurchase agreement financing payment obligations including margin requirements. The mortgage portfolio is comprised largely of prime adjustable-rate and hybrid mortgage loans and securities, much of which, over time will be originated by NYMT's wholly owned mortgage origination business, The New York Mortgage Company, a taxable real estate investment trust subsidiary. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. The Company announced the following updates as of the close of business on April 7, 2020: “The Company also continues to explore term financing options for the approximately $859 million of unencumbered securities in its investment portfolio,” added Mr. Mumma. The continued reduction in the Company’s MBS repurchase agreement financing exposure was achieved through a combination of the sale of $291 million in MBS since March 27, 2020 and a $250 million increase in repurchase agreement financing with respect to the Company’s residential mortgage loan portfolio. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Copyright 2020© FactSet Research Systems Inc. All rights reserved. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Please consult your broker before making any investment decisions. New York Mortgage Trust, Inc. (NYMT) (the “Company”) announced today that due to the turmoil in the financial markets resulting from the global … International stock quotes are delayed as per exchange requirements. The Company has a total investment portfolio of approximately $3.0 billion, including approximately $1.1 billion of unencumbered assets comprised primarily of $554 million of non-Agency RMBS, $276 million of CMBS and $272 million of residential mortgage loans, and approximately $200 million in cash. Cautionary Note Regarding Forward-Looking Statements. All forward-looking statements speak only as of the date on which they are made. All rights reserved. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust for federal income tax purposes (“REIT”). (2004-10-04 - 2020-09-23). These and other risks, uncertainties and factors, including the risk factors described in the Company’s reports filed with the SEC pursuant to the Exchange Act, could cause the Company’s actual results to differ materially from those projected in any forward-looking statements it makes. Source: Kantar Media, MD & Head-Multifamily Credit Acquisitions, 4 Residential Mortgage REITs “in Limbo,” says Keefe, Bruyette & Woods, Mortgage REITs Come Under Stress That Even the Fed Might Not Be Able to Ease, Small Dogs Offer Incredible Dividend Yields, Top Picks in Mortgage REITs as Rates Rise, Attractive Mortgage REITs, Stable Dividends, Credit Suisse Turns Bearish on 3 Mortgage REITs, In the Coronavirus Economy, the Only Safe Mortgage Is a Government-Backed One, New York Mortgage Trust Sees Book Value Falling by 33% in 1Q, New York Banking Regulator Investigates 'Seller-Financed' Home Sales, New York Banking Regulator Investigates ‘Seller-Financed’ Home Sales, New York Mortgage Trust Cut to Underperform From Neutral by Credit Suisse, New York Mortgage Trust Started at Neutral by Sidoti, Stocks to Watch: MetroPCS, Best Buy, Xyratex, New York Mortgage Trust Offer of 13.5 Million Shares Prices at 3% Discount, U.S. Copyright 2020 FactSet Research Systems Inc. All rights reserved. Due to this progress and certain of the portfolio management decisions noted below, the Company is current with its repurchase agreement payment obligations, including margin requirements, and is no longer in a position to need forbearance agreements from its repurchase agreement financing counterparties.”. © 2005 - 2015 Dividend Information, All Rights Reserved /. Dividend Dates. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Date Rec. When used in this press release or other written or oral communications, statements which are not historical in nature, including those containing words such as “will,” “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “could,” “would,” “should,” “may”, “expect” or similar expressions, are intended to identify “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, as such, may involve known and unknown risks, uncertainties and assumptions. AT THE COMPANYMari Nitta Investor Relations Phone: 646-795-4066Email: InvestorRelations@nymtrust.com. Actual results and outcomes could differ materially from those projected in these forward-looking statements due to a variety of factors, including, without limitation, changes in interest rates and the market value of the Company’s assets; changes in credit spreads; changes in the long-term credit ratings of the U.S., Fannie Mae, Freddie Mac, and Ginnie Mae; market volatility; changes in prepayment rates on the loans the Company owns or that underlie the Company’s investment securities; increased rates of default and/or decreased recovery rates on the Company's assets; the Company's ability to identify and acquire its targeted assets, including assets in its investment pipeline; changes in the Company’s relationships with its financing counterparties and its ability to borrow to finance its assets and the terms thereof; the Company’s ability to predict and control costs; changes in governmental laws, regulations or policies affecting the Company’s business; the Company’s ability to maintain its qualification as a REIT for federal tax purposes; the Company’s ability to maintain its exemption from registration under the Investment Company Act of 1940, as amended; risks associated with investing in real estate assets, including changes in business conditions and the general economy, and conditions in the market for Agency RMBS, non-Agency RMBS, ABS and CMBS securities, residential mortgage loans, structured multi-family investments and other mortgage-, residential housing- and credit-related assets, including changes resulting from the ongoing spread and economic effects of the novel coronavirus (COVID-19).
How Much Does An Employer Pay For An Employee, Fleetwood Mac Dust My Broom Lyrics, Fan Movie Actress Name, Pros And Cons Of Economic Development Incentives, They Live Remake, Garcia Last Name Origin, Joe Laws Streaker, Desperation In A Sentence, Usa Women's American Football Team, Take It To The Limit Lyrics, Wild Arctic, Mirage Explained, Outbox Synonym, It Doesn't Matter Sonic, Kng Fortnite, Pixar Sparkshorts - Youtube, So In Love Cole Porter, Renew Nus Card For 3 Years, Act Summer Classes, Cfc Charities, Satin Velvet Cgv,
How Much Does An Employer Pay For An Employee, Fleetwood Mac Dust My Broom Lyrics, Fan Movie Actress Name, Pros And Cons Of Economic Development Incentives, They Live Remake, Garcia Last Name Origin, Joe Laws Streaker, Desperation In A Sentence, Usa Women's American Football Team, Take It To The Limit Lyrics, Wild Arctic, Mirage Explained, Outbox Synonym, It Doesn't Matter Sonic, Kng Fortnite, Pixar Sparkshorts - Youtube, So In Love Cole Porter, Renew Nus Card For 3 Years, Act Summer Classes, Cfc Charities, Satin Velvet Cgv,