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home / news releases / NYMTM - Rumors Of Mortgage REIT Demise Were Greatly Exaggerated

NYMTM - Rumors Of Mortgage REIT Demise Were Greatly Exaggerated

New York Mortgage Trust Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

This research report was produced by The REIT Forum with assistance from Big Dog Investments.

Two Harbors (TWO) had a rough first quarter. Share prices plunged dramatically. Book value declined substantially. Dividends were paused. The bears were having a party. That party just got destroyed.

We're going to start talking about TWO, but these lessons apply to the whole sector.

Bears are in for punishment:

Source: Reddit

Last night (4/6/2020), Two Harbors issued another press release:

That's a big deal. Two Harbors has done a great job of providing updates to investors over

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Stock Information
Company Name: New York Mortgage Trust Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Stock Symbol: NYMTM
Market: NYSE
Website: nymtrust.com
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