NEW York Mortgage Trust INC: insider trades · United States · SEC (Form 4)

About NEW York Mortgage Trust INC

New York Mortgage Trust, Inc. (historically traded on Nasdaq under NYMT, with a September 2025 corporate rebrand and ticker change announcement to ADAM) is a United States-based mortgage REIT focused on acquiring, investing in, financing, and managing primarily mortgage-related residential assets. The company is not a traditional property owner; instead, it operates as a capital markets vehicle tied to the U.S. housing finance ecosystem. Its core objective has been to generate long-term stable distributions to stockholders through net interest spread, portfolio rotation, and capital gains across a diversified set of residential credit assets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1273685/000127368525000040/nymt-20241231.pdf)) The company’s strategy has historically centered on residential mortgage-backed securities, credit-sensitive single-family and multi-family assets, and other fixed-income investments such as Agency RMBS. In its 2024 annual report, NYMT described its portfolio as including mortgage-related single-family and multi-family residential assets, alongside more traditional coupon-bearing securities. This makes the company meaningfully exposed to interest-rate cycles, credit performance, financing spreads, and housing-market conditions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1273685/000127368525000040/nymt-20241231.pdf)) A key strategic development in 2025 was the acquisition of the remaining 50% stake in Constructive Loans, LLC. Constructive is a business-purpose loan originator specializing in rental and transitional loans for real estate investors, which materially deepens NYMT’s exposure to residential business-purpose lending. Management said this transaction was intended to broaden proprietary origination channels, support recurring earnings, and diversify the balance sheet. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1273685/000127368525000065/nymt-pressreleaseconstruct.htm?utm_source=openai)) From a competitive standpoint, NYMT sits in the mortgage REIT segment, where investors typically compare book value resilience, dividend sustainability, leverage discipline, and asset selection quality. In 2025 management highlighted a larger investment portfolio and recurring earnings momentum, with the second-quarter 2025 investor materials referencing an approximately $8.6 billion investment portfolio and a strategy built around disciplined capital allocation, technology/data usage, and loan servicing / property management expertise. ([marketscreener.com](https://www.marketscreener.com/news/new-york-mortgage-trust-quarterly-results-q2-2025-supplemental-financial-presentation-ce7c5fdcd98afe21)) Geographically, the business is predominantly U.S.-centric, with no major international operating footprint disclosed. The 2024 annual report also notes that the company owned 526 single-family rental properties as of year-end 2024, with a majority located in Illinois and Maryland. Structurally, NYMT conducts operations through the parent company and multiple subsidiaries, including REIT subsidiaries and securitization vehicles. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1273685/000127368525000040/nymt-20241231.pdf)) For investors, the most important recent headline is the September 2025 name change to Adamas Trust, Inc. and the related Nasdaq symbol change announcement, which is material for market identification and data continuity. For SEC Form 4 screening, the company’s historical NYMT identifier remains highly relevant, but the post-rebrand symbol must be checked carefully in live market data and filings. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001273685/000127368525000075/nymt-20250829.htm))