On February 2, 2018, New York Mortgage Trust, Inc. appointed Steven R. Mumma to serve in a temporary capacity as the acting principal financial officer and principal accounting officer of the company, with such appointment effective immediately. This appointment was made in consideration of the company's Chief Financial Officer, Kristine R. Nario, taking a temporary family medical leave of absence. Ms. Nario's temporary leave is anticipated to end April 30, 2018, at which time Ms. Nario will return to her role as the acting principal financial officer and principal accounting officer of the company.

Mr. Mumma, is the company's Chairman and Chief Executive Officer. Mr. Mumma has served as Chairman of the company's Board of Directors since March 30, 2015.