NEW YORK MORTGAGE TRUST INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 16. Form 10-K Summary
None.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NEW YORK MORTGAGE TRUST, INC. | |||
| Date: | February 21, 2025 | By: | /s/ Jason T. Serrano |
|---|---|---|---|
| Jason T. Serrano | |||
| Chief Executive Officer | |||
| (Principal Executive Officer) | |||
| Date: | February 21, 2025 | By: | /s/ Kristine R. Nario-Eng |
| Kristine R. Nario-Eng | |||
| Chief Financial Officer | |||
| (Principal Financial and Accounting Officer) | |||
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| Signature | Title | Date |
|---|---|---|
| /s/ Jason T. Serrano | Chief Executive Officer and Director | February 21, 2025 |
| Jason T. Serrano | (Principal Executive Officer) | |
| /s/ Kristine R. Nario-Eng | Chief Financial Officer | February 21, 2025 |
| Kristine R. Nario-Eng | (Principal Financial and Accounting Officer) | |
| /s/ Steven R. Mumma | Chairman of the Board | February 21, 2025 |
| Steven R. Mumma | ||
| /s/ Eugenia R. Cheng | Director | February 21, 2025 |
| Eugenia R. Cheng | ||
| /s/ Michael B. Clement | Director | February 21, 2025 |
| Michael B. Clement | ||
| /s/ Audrey E. Greenberg | Director | February 21, 2025 |
| Audrey E. Greenberg | ||
| /s/ Steven G. Norcutt | Director | February 21, 2025 |
| Steven G. Norcutt | ||
| /s/ Lisa A. Pendergast | Director | February 21, 2025 |
| Lisa A. Pendergast | ||
AND
REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
For Inclusion in Form 10-K
Filed with
United States Securities and Exchange Commission
Index to Consolidated Financial Statements
| FINANCIAL STATEMENTS: | PAGE |
|---|---|
| Reports of Independent Registered Public Accounting Firm (PCAOB ID: 248) | F-2 |
| Consolidated Balance Sheets | F-5 |
| Consolidated Statements of Operations | F-6 |
| Consolidated Statements of Comprehensive Loss | F-7 |
| Consolidated Statements of Changes in Stockholders' Equity | F-8 |
| Consolidated Statements of Cash Flows | F-10 |
| Notes to Consolidated Financial Statements | F-12 |
| Note 1. Organization | F-13 |
| Note 2. Summary of Significant Accounting Policies | F-14 |
| Note 3. Residential Loans, at Fair Value | F-25 |
| Note 4. Investment Securities Available For Sale, at Fair Value | F-27 |
| Note 5. Multi-family Loans, at Fair Value | F-30 |
| Note 6. Equity Investments, at Fair Value | F-31 |
| Note 7. Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) | F-35 |
| Note 8. Real Estate, Net | F-43 |
| Note 9. Assets and Liabilities of Disposal Group Held for Sale | F-46 |
| Note 10. Derivative Instruments | F-48 |
| Note 11. Mortgage Servicing Rights | F-53 |
| Note 12. Other Assets and Other Liabilities | F-54 |
| Note 13. Repurchase Agreements | F-55 |
| Note 14. Collateralized Debt Obligations | F-58 |
| Note 15. Debt | F-60 |
| Note 16. Commitments and Contingencies | F-64 |
| Note 17. Fair Value of Financial Instruments | F-65 |
| Note 18. Stockholders' Equity | F-76 |
| Note 19. Loss Per Common Share | F-81 |
| Note 20. Stock Based Compensation | F-82 |
| Note 21. Income Taxes | F-86 |
| Note 22. Net Interest Income | F-88 |
| Note 23. Other Income | F-89 |
| Note 24. Segment Reporting | F-90 |
| Note 25. Subsequent Events | F-91 |
| Schedule III - Real Estate and Accumulated Depreciation | F-92 |
| Schedule IV - Mortgage Loans on Real Estate | F-95 |
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