New York Mortgage Trust 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Coupon is fixed at 8% until 10/15/2027 at which point it begins to float at 3 month Libor plus a spread of 5.695%

Ticker: NYMTN

Parent Ticker: NYMT

OTC Grey Market Temporary Ticker: NYMMP

Issuance Date: 10/06/2017

1st Call Date: 10/15/2027

Maturity Date: None

Shares Issued: 5,000,000

Overallotment Shares: 750,000

Coupon: 8.00%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.50

Ex-Dividend Months: MAR, JUN, SEP, DEC

Approx. Ex-Dividend Day: 28

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR