NEW YORK, May 1 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc.
(OTC Bulletin Board: NMTR) is scheduled to report financial results for the
first quarter ended March 31, 2008 after the close of market on Thursday,
May 8, 2008. New York Mortgage Trust's executive management will host a
conference call and audio webcast at 10:00 a.m. Eastern on Friday, May 9,
2008. The conference call dial-in number is 303-262-2211.
A live audio webcast of the conference call can be accessed via the
Internet, on a listen-only basis, at http://www.earnings.com or at the Investor
Relations section of the Company's website at http://www.nymtrust.com. Please
allow extra time, prior to the call, to visit the site and download the
necessary software to listen to the Internet broadcast.
A replay of the conference call will be available by calling
303-590-3000. The passcode number is 11113485. The replay will be available
until Friday, May 16, 2008.
About New York Mortgage Trust
New York Mortgage Trust, Inc. is a self-advised real estate investment
trust (REIT) in the business of investing in and managing a portfolio of
Agency mortgage-backed securities (MBS), prime credit quality residential
adjustable rate mortgage (ARM) loans and non-agency mortgage-backed
securities. As a REIT, the Company is not subject to federal income tax,
provided that it distributes at least 90% of its REIT income to
stockholders.
Certain statements contained in this press release may be deemed to be
forward-looking statements that predict or describe future events or
trends. The matters described in these forward-looking statements are
subject to known and unknown risks, uncertainties and other unpredictable
factors, many of which are beyond the Company's control. The Company faces
many risks that could cause its actual performance to differ materially
from the results predicted by its forward-looking statements, including,
without limitation, a rise in interest rates or a unfavorable change in
prepayment rates may cause a decline in the market value of the Company's
assets, borrowings to finance the purchase of assets may not be available
on favorable terms, the Company may not be able to maintain its
qualification as a REIT for federal tax purposes, the Company may be
exposed to the risks associated with investing in mortgage loans, including
changes in loan delinquencies, and the Company's hedging strategies may not
be effective. The reports that the Company files with the Securities and
Exchange Commission contain a fuller description of these and many other
risks to which the Company is subject. Because of those risks, the
Company's actual results, performance or achievements may differ materially
from the results, performance or achievements contemplated by its forward-
looking statements. The information set forth in this news release
represents management's current expectations and intentions. The Company
assumes no responsibility to issue updates to the forward-looking matters
discussed in this press release.
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Source: Real Estate Newswire
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