Brief: New York Mortgage Trust Provides Preliminary Estimates Of Third Quarter 2022 Financial Results And Announces Date Of Third Quarter 2022 Conference Call

Adamas Trust

17/10/2022 12:21

Oct 17 (Reuters) - New York Mortgage Trust Inc  NYMT.O :
    * NEW YORK MORTGAGE TRUST PROVIDES PRELIMINARY ESTIMATES OF
THIRD
QUARTER 2022 FINANCIAL RESULTS AND ANNOUNCES DATE OF THIRD
QUARTER 2022 CONFERENCE CALL
    * NEW YORK MORTGAGE TRUST INC - BOOK VALUE PER COMMON SHARE
AT
SEPTEMBER 30, 2022 WAS ESTIMATED TO BE BETWEEN $3.62 AND $3.6
    * NEW YORK MORTGAGE TRUST INC - UNDEPRECIATED BOOK VALUE PER
COMMON SHARE AT SEPTEMBER 30, 2022 WAS ESTIMATED TO BE BETWEEN
$3.86 AND $3.90
    * NEW YORK MORTGAGE TRUST INC - COMPANY RECOURSE LEVERAGE
RATIO
WAS ESTIMATED TO BE 0.5X AS OF SEPT. 30 2022
    * NEW YORK MORTGAGE TRUST INC - PORTFOLIO RECOURSE LEVERAGE
RATIO
WAS ESTIMATED TO BE 0.4X AS OF SEPTEMBER 30, 2022
    * NEW YORK MORTGAGE TRUST INC - CO HAS $336 MILLION OF
AVAILABLE
CASH AND $586 MILLION OF UNENCUMBERED RESIDENTIAL LOANS AS OF
SEPT. 2022

Source text for Eikon:  ID:nGNX6Fp0jF 
Further company coverage:  NYMT.O 
 ((Reuters.Briefs@thomsonreuters.com;;))