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New York Mortgage Trust Inc. Message Board

  • katzmon389 katzmon389 Sep 27, 2012 12:31 PM Flag

    Motley Fool shines a bright light on NYMT

    "Another REIT that is paying a premium dividend is New York Mortgage Trust (NASDAQ: NYMT). This REIT also stands to gain from the Fed's new QE3 program - especially because, unlike most mortgage backed security REITs, NY Mortgage Trust specializes in a more diversified group of investments that include multi-family CMBS. This gives the company a wider portfolio spread than the typical 1.5% to 2.7% many of the firm’s competitors operate with. Recently NY Mortgage Trust obtained close to a 6% spread during the second quarter 2012, although it also had a higher than normal prepayment rate."

 
NYMT
5.20+0.03(+0.58%)Apr 29 4:00 PMEDT