New York Mortgage Trust, Inc. announced that its Board of Directors has named Nicholas Mah as President of the Company, effective January 1, 2023. Mr. Mah will report to Jason T. Serrano, the Company's CEO. Mr. Mah is currently a Managing Director of the Company, responsible for the Company's portfolio management and trading of mortgage securities and whole loans.

He has been with the Company since July 2018. Prior to joining the Company, Mr. Mah was a Portfolio Manager and Managing Director at Oak Hill Advisors, L.P., where he was one of the founding members of OHA's mortgage business. Over the course of his tenure at OHA, he had responsibilities encompassing portfolio management, trading and financing of residential mortgage securities and whole loans.

Prior to joining OHA in 2008, Mr. Mah worked at The Blackstone Group and Fortress Investment Group, where he was involved in asset management, investment analysis and trading across a variety of distressed securitized product sectors.