-
Posted by
Two Blokes Jul 13 -
Filed in
Stock
-
7 views
NYMTH offers a high 9.875% yield, but the increased leverage and risk premium signal deteriorating credit quality versus prior NYMT issues. New York Mortgage Trust's financial trends—rising leverage, weak interest coverage, and underperformance—raise red flags for fixed-income investors. NYMTH is priced near par with no upside potential, and sector comparisons show no compelling relative value for this new note.
