Brief: New York Mortgage Trust Inc - Estimates That Its Total Debt Leverage Ratio Is 0.7 To 1.

Adamas Trust

07/04/2020 23:06

New York Mortgage Trust Inc  NYMT.O :
    * NEW YORK MORTGAGE TRUST PROVIDES BUSINESS UPDATE AS OF
APRIL 7,
2020
    * NEW YORK MORTGAGE TRUST - REDUCED OUTSTANDING REPURCHASE
AGREEMENT FINANCING WITH RESPECT TO MBS TO ABOUT $150 MILLION
WITH ONE COUNTERPARTY.
    * NEW YORK MORTGAGE TRUST INC - ESTIMATES THAT ITS TOTAL
DEBT
LEVERAGE RATIO IS 0.7 TO 1.
    * NEW YORK MORTGAGE TRUST - TO EXPLORE TERM FINANCING
OPTIONS FOR
APPROXIMATELY $859 MILLION OF UNENCUMBERED SECURITIES IN ITS
INVESTMENT PORTFOLIO

Source text for Eikon:  ID:nGNX6P2rSk 
Further company coverage:  NYMT.O