New York Mortgage Trust Reports First Quarter 2020 Results

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New York Mortgage Trust (NYMT) Reports Q1 Loss of $1.71

May 21, 2020 4:14 PM EDT

New York Mortgage Trust (NASDAQ: NYMT) reported Q1 EPS of ($1.71), versus $0.21 reported last year.

Steven Mumma, Chairman and Chief Executive Officer, commented: "The global COVID-19 pandemic led to unprecedented market conditions late in the first quarter. As a result, we took decisive action in the latter half of March to... More