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New York Mortgage Trust (NYMT) Q1 2022 Earnings Call Transcript

·30 min read
New York Mortgage Trust (NYMT) Q1 2022 Earnings Call Transcript
In this article:
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Now at this time, I would like to introduce Jason Serrano, CEO and president. After a turbulent period with Fed wrestling with inflation by taking an aggressive stance on rate increases, fixed income market suffered a significant setback, which drove our undepreciated book value down by 6%.