New York Mortgage Trust: The Series G Preferred Shares Are A Turnaround Bet

Stockernumber2 Company Overview From a GAAP perspective, the $1.5 billion stockholders' equity (which includes both common and preferred shares) is levered 4.96 times, while the recourse levenge ratio stands at 1.6, consisting primarily from mark-to-market, or MTM, facilities: Recourse leverage overview (New York Mortgage Trust Q1 2024 Investor Presentation) | --- | --- | --- | --- | --- | --- | --- | |--------|---------|---------|---------|---------|---------|--------| | | | | | | | | | | | | | | | | | (77 ...