New York Mortgage Trust Provides Update on Status of Financing Arrangements as of March 23, 2020
New York Mortgage Trust, Inc. (NYMT)
Last new york mortgage trust, inc. earnings: 2/24 04:05 pm
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US:NASDAQ Investor Relations:
nymtrust.com
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Source: GlobeNewswire
NEW YORK, March 23, 2020 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that due to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the Company and its subsidiaries (the “Company”) have received margin calls from repurchase agreement financing counterparties over the past week. Through Friday March 20, 2020, the Company timely met all margin calls received. However, due to the continued margin calls received for March 23, 2020, the Company has notified its financing counterparties that it does not expect to fund the existing and anticipated future margin calls under its financing arrangements in the near term. The Company is engaging in discussions with its financing counterparties with regard to entering into a forbearance agreement pursuant to which each counterparty would agree to forbear from exercising its rights and remedies with respect to an event of default under the applicabl
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News
- 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
- New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024GlobeNewswire
NYMT
Earnings
- 10/30/24 - Beat
NYMT
Sec Filings
- 11/1/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 9/19/24 - Form 8-K
- NYMT's page on the SEC website