New York Mortgage Trust Inc

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.