New York Mortgage Trust, Inc. Announces Pricing of Public Offering of 7.875% Series C Cumulative Redeemable Preferred Stock

New York Mortgage Trust, Inc. (Nasdaq:NYMT) today announced that it priced a public offering of 3,600,000 shares of its 7.875% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”), liquidation preference $25.00 per share, for gross proceeds of $90,000,000, before deducting underwriting discounts and offering expenses.