New York Mortgage Trust (NYMT) Commences 3M Common Offering

New York Mortgage Trust, Inc. (Nasdaq: NYMT) announced today that it has commenced an underwritten registered public offering of 3,000,000 shares of common stock. NYMT also expects to grant the underwriters an option to purchase up to an additional 450,000 shares of common stock to cover over-allotments, if any. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (AMEX: LTS), will serve as bookrunning manager for the offering. Maxim Group LLC, National Securities Corporation and Aegis Capital Corp. will serve as co-managers.

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