People: New York Mortgage Trust, Inc. (NYMT.O)

NYMT.O on Consolidated Issue listed on NASDAQ Capital Market

6.67USD
9 Feb 2010
Price Change (% chg)

$-0.15 (-2.20%)
Prev Close
$6.67
Open
--
Day's High
$6.83
Day's Low
$6.61
Volume
19,510
Avg. Vol
34,276
52-wk High
$8.75
52-wk Low
$1.82

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Summary

Name Age Since Current Position
Fowler, James 47 2007 Non-Executive Chairman of the Board
Mumma, Steven 50 2009 President, Chief Executive Officer, Chief Financial Officer
Osborne, Daniel 45 2010 Director
Hainey, Alan 63 2004 Independent Director
Norcutt, Steven 49 2004 Independent Director
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Biographies

Name Description
Fowler, James Mr. Fowler is Non-Executive Chairman of Board of Directors of New York Mortgage Trust, Inc. and also the non-compensated Chief Investment Officer of Hypotheca Capital, LLC and New York Mortgage Funding, LLC. two of subsidiaries. Mr. Fowler has served as a managing director of JMP Asset Management LLC (“JMPAM”) and as the president of JMP Realty Trust, Inc., a private REIT that is externally managed by JMPAM and which is one of the investors in Series A Preferred Stock. JMPAM and JMP Realty Trust, Inc. are affiliates of JMP Group, Inc., which is also a significant holder of common stock and Series A Preferred Stock. Mr. Fowler served as co-director of research and as a senior research analyst at JMP Securities LLC from 2001 until 2007, and served as a senior research analyst at Thomas Weisel Partners from 1999 until 2001 and at Montgomery Securities from 1995 until 1999. Mr. Fowler has prior mortgage-backed securities analysis and trading experience with Oppenheimer & Co. and Ocwen Financial Corporation.
Mumma, Steven Steven R. Mumma is President, Chief Executive Officer and Chief Financial Officer of New York Mortgage Trust, Inc. Mr. Mumma was named President and Co-Chief Executive Officer effective March 31, 2007 after the divestiture of the Company’s mortgage lending business, and has served as Chief Financial Officer since November 2006. Prior to serving the Company in his current capacity, Mr. Mumma served as Chief Investment Officer, a position to which he was named in July 2005, and Chief Operating Officer, commencing in November 2003. From September 2000 to September 2003, Mr. Mumma was a Vice President of Natexis ABM Corp, a wholly-owned subsidiary of Natexis Banques Populaires. From 1997 to 2000, Mr. Mumma served as a Vice President of Mortgage-Backed Securities trading for Credit Agricole. Prior to joining Credit Agricole, from 1988 to 1997, Mr. Mumma was a Vice President of Natexis ABM Corp. Prior to joining Natexis ABM Corp., from 1986 to 1988, Mr. Mumma was a Controller for PaineWebber Real Estate Securities Inc., the mortgage-backed trading subsidiary of PaineWebber Inc. Prior to joining PaineWebber, from 1984 to 1985, Mr. Mumma worked for Citibank in its Capital Markets Group, as well as for Ernst & Young. Mr. Mumma is a certified public accountant, and received a B.B.A. cum laude from Texas A&M University.
Osborne, Daniel Mr. Daniel Osborne is Director of New York Mortgage Trust, Inc. Mr. Osborne is the Managing Member of Vantage Pointe Capital, LLC, an investment advisory firm that serves as the general partner of Vantage Pointe Capital Partners LP, and provides research and other services to various private investment funds. Prior to founding Vantage Pointe Capital, LLC in 2003, Mr. Osborne was a co-founder of Apex Mortgage Capital, Inc. He was Apex Mortgage Capital's Chief Operating Officer and Chief Financial Officer from September 1997 to September 2001. In addition, from July 1994 to December 2001, Mr. Osborne was a Managing Director of Trust Company of The West. Mr. Osborne is currently a director of Dynex Capital, Inc., where he serves as chairman of its audit committee. Mr. Osborne began his career with Deloitte & Touche, LLP and holds a B.S. degree in accounting from Arizona State University.
Hainey, Alan Alan L. Hainey has served as a Independent Director of New York Mortgage Trust, Inc. since completion of IPO in June 2004. Mr. Hainey is the owner and manager of Carolina Dominion, LLC, a real estate brokerage development and investment firm that he founded in 2004. In 2001, Mr. Hainey incorporated and funded the Merrill L. Hainey Family Foundation, a not-for-profit charitable organization dedicated to academic achievement through scholarships, where he continues to serve as President. From 1996 to 2000, Mr. Hainey operated an independent consulting practice providing advisory and marketing services to clients engaged in insurance, mortgage finance and investment management. From 1990 to 1996, Mr. Hainey served as President and Chief Operating Officer of GE Capital’s mortgage banking businesses and was a member of the GE Capital corporate executive council. From 1983 to 1990, Mr. Hainey served as President of GE Capital Mortgage Securities. Mr. Hainey received a B.A. with honors and a J.D. from the University of Missouri and a Master of Management with distinction from the Kellogg School of Northwestern University.
Norcutt, Steven Mr. Steven G. Norcutt has served as a Member of the Board of Directors of New York Mortgage Trust, Inc. since completion of the IPO in June 2004. Since April 2008, Mr. Norcutt has served as Senior Vice President - Regional Manager of Guaranteed Rate Mortgage, a residential mortgage banking company headquartered in Chicago, Illinois. Prior to joining Guaranteed Rate, Mr. Norcutt served as Executive Vice President and Chief Operating Officer of Centennial Mortgage and Funding, Inc., a residential mortgage banking company based in Minnesota. Prior to joining Centennial Mortgage and Funding, Inc., Mr. Norcutt served as Senior Vice President and Portfolio Manager of Structured Finance for Reliastar Investment Research, Inc. from 1993 through 2001. Mr. Norcutt joined Reliastar Investment Research, Inc. in 1988 as Vice President and Portfolio Manager of Residential Mortgage Loans. Mr. Norcutt received an M.B.A. in Finance from the Carlson School of Business at the University of Minnesota and a B.S. in Finance from St. Cloud State University.

Basic Compensation

Name Fiscal Year Total
Fowler, James --
Mumma, Steven 546,523
Osborne, Daniel --
Hainey, Alan --
Norcutt, Steven --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Fowler, James 0 0
Mumma, Steven 0 0
Osborne, Daniel 0 0
Hainey, Alan 0 0
Norcutt, Steven 0 0

Insider Trading

Name Shares Traded Price
REESE NATHAN R 12,000 $0.00
NORCUTT STEVEN G 6,000 $0.00
ABREU STEVEN 6,000 $0.00
MUMMA STEVEN R 62,000 $0.00
HAINEY ALAN L 6,000 $0.00
ABREU STEVEN 200 $5.42
ABREU STEVEN 17 $6.77
ABREU STEVEN 175 $5.44
ABREU STEVEN 1,040 $6.08
ABREU STEVEN 500 $5.38
JMP GROUP INC 1,179,171 $3.80
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