updated 4/27/2011 4:46:15 PM ET 2011-04-27T20:46:15

NEW YORK, April 27, 2011 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) (the "Company") is scheduled to report financial results for the three months ended March 31, 2011 after the close of market on May 3, 2011. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Wednesday, May 4, 2011. The conference call dial-in number is 877-312-8806.

A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis, at the Investor Relations section of the Company's website at www.nymtrust.com . Please allow extra time, prior to the call, to visit the site and download the necessary software to listen to the Internet broadcast.

A replay of the conference call will be available by calling 800-642-1687. The conference ID number is 63476823. The replay will be available until Wednesday, May 11, 2011.

About New York Mortgage Trust

New York Mortgage Trust, Inc. is a real estate investment trust ("REIT") in the business of acquiring, investing in, financing and managing primarily mortgage-related assets. As a REIT, the Company is not subject to federal income tax, provided that it distributes at least 90% of its REIT income to stockholders.

CONTACT: AT THE COMPANY
         Steven R. Mumma
         CEO, President
         Phone: 212-792-0109
         Email: smumma@nymtrust.com

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