Some New Ammunition For Mezzanine Loan Warfare [Forbes]
New York Mortgage Trust, Inc. (NYMT)
Last new york mortgage trust, inc. earnings: 2/24 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
nymtrust.com
Company Research
Source: Forbes
getty Real estate capital stacks often include both mortgage loans secured by real estate and mezzanine loans secured by pledges of membership interests in the limited liability companies that own the same real estate. In New York, mortgages can take years to foreclose because New York is in the minority of states that always require judicial proceedings to foreclose. Those proceedings often move with glacial speed. In contrast, if a mezzanine lender wants to foreclose on a pledge of membership interests, it can do this without involving a court. The lender just needs to comply with a law called the Uniform Commercial Code, which provides for nonjudicial foreclosure proceedings that are relatively quick, at least in comparison with New York mortgage foreclosures. The UCC requires any mezzanine lender to conduct its foreclosure proceedings in a way that is “commercially reasonable” in every respect. Mezzanine borrowers who face foreclosure will sometimes try to assert that the l
Show less
Read more
Impact Snapshot
Event Time:
NYMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NYMT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NYMT alerts
High impacting New York Mortgage Trust, Inc. news events
Weekly update
A roundup of the hottest topics
NYMT
News
- New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock DividendsGlobeNewswire
- New York Mortgage Trust, Inc. (NASDAQ: NYMT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- New York Mortgage Trust, Inc. (NASDAQ: NYMT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- New York Mortgage Trust Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- New York Mortgage Trust Reports Third Quarter 2024 ResultsGlobeNewswire
NYMT
Earnings
- 10/30/24 - Beat
NYMT
Sec Filings
- 12/10/24 - Form 8-K
- 11/1/24 - Form 10-Q
- 10/30/24 - Form 8-K
- NYMT's page on the SEC website