Replies to post #126 on New York Mortgage Trust Inc (NYMT)

[stockvaper]

Yes they are money making machines that are required by law (as a REIT) to give 90% of their taxable income to the stockholders.....In NYMT's case, it doesn't matter what the BV "snapshot" is .. the true measure is whether it is increasing over time. As I pointed out NYMT's BV has grown 62.5% over the last 5 years AFTER giving 90% of the taxable income back to the shareholders.