New York Mortgage Trust Declares First Quarter 2013 Common Stock Dividend of $0.27 Per Share

New York Mortgage Trust Declares First Quarter 2013 Common Stock Dividend of
$0.27 Per Share

NEW YORK, March 18, 2013 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc.
(Nasdaq:NYMT) (the "Company") announced today that its Board of Directors
declared a regular quarterly cash dividend of $0.27 per share on shares of its
common stock for the quarter ending March 31, 2013. The dividend will be
payable on April 25, 2013 to common stockholders of record as of March 28,

About New York Mortgage Trust

New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be
taxed as a real estate investment trust ("REIT"). The Company invests in
mortgage-related and financial assets and targets Agency RMBS, consisting of
fixed-rate, adjustable-rate and hybrid adjustable-rate RMBS, Agency IOs
consisting of interest only and inverse interest only RMBS that represent the
right to the interest component of the cash flow from a pool of mortgage
loans, multi-family CMBS, certain commercialreal estate-relateddebt
investments and residential mortgage loans, including loans sourced from
distressed markets.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements relate to the payment of the dividend.
Forward-looking statements are based on our beliefs, assumptions and
expectations of our future performance, taking into account all information
currently available to us. These beliefs, assumptions and expectations are
subject to risks and uncertainties and can change as a result of many possible
events or factors, not all of which are known to us, including those described
in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012,
which has been filed with the Securities and Exchange Commission. If a change
occurs, these forward-looking statements may vary materially from those
expressed in this release. All forward-looking statements speak only as of the
date on which they are made. Except as required by law, we are not obligated
to, and do not intend to, update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.

         Kristine R. Nario
         Investor Relations
         Phone:  646-216-2363
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