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NYMTM| Name | Value |
|---|---|
| Revenues | 17.4M |
| Cost of Revenue | 0.6M |
| Gross Profit | 16.8M |
| Operating Expense | 11.8M |
| Operating I/L | -45.5M |
| Other Income/Expense | -50.2M |
| Interest Income | 65.2M |
| Pretax | -93.9M |
| Income Tax Expense | -0.1M |
| Net Income/Loss | -84.5M |
New York Mortgage Trust, Inc. is a real estate investment trust that specializes in acquiring, investing in, financing, and managing mortgage-related assets in the United States. The company's targeted investments include residential loans, second mortgages, business purpose loans, multi-family property investments, non-agency and agency residential mortgage-backed securities, commercial mortgage-backed securities, and other credit-related assets. By qualifying as a real estate investment trust, the company aims to minimize federal corporate income taxes by distributing at least 90% of its taxable income to stockholders.
