New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Jason Serrano - President and CEO Kristine Nario-Eng - CFO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Matthew Howlett - B. Riley Eric Hagen - BTIG Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust Third Quarter 2022 Results Conference Call. [Operator Instructions] This conference is being record ...

Table of Contents Maryland 47-0934168 (I.R.S. Employer Identification No.) 90 Park Avenue, New York, New York 10016 (Address of Principal Executive Office) (Zip Code) For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission file number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of I ...

New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Jason T. Serrano - President & CEO Kristine R. Nario-Eng - CFO Conference Call Participants Douglas Harter - Crédit Suisse Christopher Nolan - Ladenburg Thalmann & Co. Eric Hagen - BTIG Stephen Laws - Raymond James Matthew Howlett - B. Riley Securities Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to the New York Mortgage Trust Second Quarter 2022 R ...

New York Mortgage Trust 2022 Second Quarter Financial Summary Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission file number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact Name of Registrant as Specified in Its Charter) (State or O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________ FORM 10-K ___________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission File Number 001-32216 NEW YORK MORTGAGE TRUST, INC. Indicate by check mark whether the registrant (1) ...

New York Mortgage Trust 2021 Fourth Quarter Financial Summary Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwardlooking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can c ...

New York Mortgage Trust 2021 Third Quarter Financial Summary Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwardlooking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can ch ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission file number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact Name of Registrant as Specified in Its Charter) Securit ...

Financial Data and Key Metrics Changes - The company reported GAAP earnings per share of $0.10 and comprehensive earnings per share of $0.08, impacted by one-time charges totaling $3.4 million related to the early redemption of preferred stock [7][8] - The investment portfolio totaled $3.3 billion, with a market capitalization of $2.2 billion, reflecting an increase of approximately $100 million in the portfolio [9] - The net interest margin for the third quarter was 3.25%, an increase of 28 basis points from the previous quarter, with funding costs improving by 20 basis points to 3.14% [12] Business Line Data and Key Metrics Changes - The company acquired residential loans for $371 million and funded multi-family joint ventures and mezzanine lending investments for $53 million and $43 million, respectively [14] - Net interest income remained relatively flat at $31 million, with a $1.7 million increase in single-family interest income offset by a $1.5 million decrease in multi-family interest income [16] - Non-interest income was $49.4 million, primarily from net unrealized gains of $30.1 million due to improved pricing on assets [19] Market Data and Key Metrics Changes - The U.S. housing supply deficit remains significant, with only 1.2 million homes available for sale against a need for 5.5 million homes [25] - The company noted that demand continues to outpace supply, leading to expectations of sustained housing credit risks [26] - The multi-family lending sector is experiencing strong demand, particularly in secondary and tertiary markets in the South and Southeast [41] Company Strategy and Development Direction - The company focuses on credit investments to generate better risk-adjusted returns with stable funding [9] - The strategy includes ramping up a $753 million portfolio while maintaining strong credit characteristics [26] - The company aims to leverage technology to enhance efficiency in its operations and compete on multiple dimensions beyond pricing [28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the ability to navigate the changing financial landscape through long-term financing options [11] - The flattening of the yield curve is seen as a potential opportunity for better pricing in the market, particularly in the RPL space [89] - The company is confident in its ability to grow its asset base and maintain attractive risk-adjusted returns despite market competition [32] Other Important Information - The company declared a $0.10 common stock dividend, with book value remaining unchanged at $4.74 [10][15] - Total general and administrative expenses were $12.5 million, relatively flat compared to the previous quarter [24] Q&A Session Summary Question: Inquiry about the BPL space and competition - Management noted that they have evaluated several acquisition opportunities but are maintaining their operational platform to win business [49] Question: Financing costs and future opportunities - Management indicated that there are still opportunities to reduce overall financing costs through securitizations and callable debt [55][56] Question: Outlook on real estate operating losses - The $5.3 million loss was primarily due to depreciation and amortization, with a focus on value appreciation for future exits [58][60] Question: Discussion on leveraging BPL loans - Management confirmed that they have leveraged BPL loans through a securitization structure, allowing for replenishment as payoffs occur [62] Question: Future asset growth and market conditions - Management expressed confidence in growing the asset base through strategic partnerships and market opportunities, particularly in the multi-family sector [96]