Changed Risks for NEW YORK MORTGAGE TRUST INC (NYMT)

Here are risks that changed year over year. risks from the recent filings of NEW YORK MORTGAGE TRUST INC. Our algorithms work hard to highlight risks unique to this company.

If a counterparty to our repurchase transactions defaults on its obligation to resell the pledged assets back to us at the end of the transaction term or if we default on our obligations under the repurchase agreement, we may incur losses

Second mortgage investments expose us to greater credit risks

The downgrade of the credit ratings of the US, any future downgrades of the credit ratings of the US and the failure to resolve issues related to US fiscal and debt policies may materially adversely affect our business, liquidity, financial condition and results of operations

Our Level 2 portfolio investments are recorded at fair value based on market quotations from pricing services and brokers/dealers Our Level 3 investments are recorded at fair value utilizing a third party pricing service or internal valuation models The value of our securities, in particular our common stock, could be adversely affected if our determinations regarding the fair value of these investments were materially higher than the values that we ultimately realize upon their disposal

The occurrence of cyber-incidents, or a deficiency in our cybersecurity or in those of any of our third party service providers, could negatively impact our business by causing a disruption to our operations, a compromise or corruption of our confidential information or damage to our business relationships or reputation, all of which could negatively impact our business and results of operations

Difficult conditions in the mortgage and real estate markets, the financial markets and the economy generally have caused and may cause us to experience losses in the future

In the future, we may acquire rights to excess servicing spreads that may expose us to significant risks

Residential mortgage loans are subject to increased risks

Termination of the Headlands Management Agreement may be difficult and costly

The geographic distribution of the loans we own or underlying, and collateral securing, certain of our investments subjects us to geographic real estate market risks

The preferred equity or mezzanine loan investments that we may acquire or originate will involve greater risks of loss than senior loans secured by income-producing properties