NYMT Replacing CFO

Published November 02, 2006, 3:00 p.m. EST

1 Min Read

Michael I. Wirth, chief financial officer of New York Mortgage Trust Inc., will resign Nov. 3 and be replaced on an interim basis by Steven R. Mumma, the company's chief investment officer and chief operating officer.Mr. Wirth, 48, is resigning "to pursue another opportunity," the company said. Mr. Mumma, 47, has been the company's COO since November 2003 and its chief investment officer since July 2005. He was previously vice president of Natexis ABM Corp. and vice president of mortgage-backed securities trading at Credit Agricole. NYMT, a real estate investment trust, can be found online at http://www.nymtrust.com.

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