NYMT Won't Pay 3Q Common Dividend

New York Mortgage Trust Inc., a New York City-based real estate investment trust, has announced that it will not pay a common-stock dividend for the third quarter.The REIT said the decision by its board of directors "reflects the difficult market conditions during the third quarter and the company's ongoing focus to conserve capital to build future earnings." The company can be found on the Web at http://www.nymtrust.com.

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