The estimated Net Worth of Steven R Mumma is at least $45.8 Milión dollars as of 1 January 2023. Mr. Mumma owns over 86,303 units of New York Mortgage Trust Inc stock worth over $40,815,406 and over the last 15 years he sold NYMTN stock worth over $0. In addition, he makes $4,968,870 as Chairman of the Board a Chief Executive Officer at New York Mortgage Trust Inc.
Steven has made over 14 trades of the New York Mortgage Trust Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 86,303 units of NYMTN stock worth $1,943,544 on 1 January 2023.
The largest trade he's ever made was exercising 86,304 units of New York Mortgage Trust Inc stock on 1 January 2022 worth over $1,943,566. On average, Steven trades about 3,861 units every 28 days since 2009. As of 1 January 2023 he still owns at least 1,812,407 units of New York Mortgage Trust Inc stock.
You can see the complete history of Mr. Mumma stock trades at the bottom of the page.
Steven R. Mumma CPA serves as Chairman of the Board, Chief Executive Officer of the Company. He was named Chairman of our Board of Directors effective as of March 30, 2015 and also served as our President until May 16, 2016. Mr. Mumma was named Chief Executive Officer effective February 3, 2009. Mr. Mumma was appointed President and Co-Chief Executive Officer effective March 31, 2007, which marked the divestment of the Company’s mortgage lending business, and served as Chief Financial Officer from November 2006 to October 2010. Prior to serving in the above capacities, Mr. Mumma served as our Chief Investment Officer, a position to which he was named in July 2005, and as Chief Operating Officer, commencing in November 2003. From September 2000 to September 2003, Mr. Mumma was a Vice President of Natexis ABM Corp., a wholly-owned subsidiary of Natexis Banques Populaires. From 1997 to 2000, Mr. Mumma served as a Vice President of Mortgage-Backed Securities trading for Credit Agricole. Prior to joining Credit Agricole, from 1988 to 1997, Mr. Mumma was a Vice President of Natexis ABM Corp. Prior to joining Natexis ABM Corp., from 1986 to 1988, Mr. Mumma was a Controller for PaineWebber Real Estate Securities Inc., the mortgage-backed trading subsidiary of PaineWebber Inc. Prior to joining PaineWebber, from 1981 to 1985, Mr. Mumma worked for Citibank in its Capital Markets Group, as well as for Ernst & Young LLP. Mr. Mumma received a B.B.A. cum laude from Texas A&M University.
As the Chairman of the Board a Chief Executive Officer of New York Mortgage Trust Inc, the total compensation of Steven Mumma at New York Mortgage Trust Inc is $4,968,870. There are 1 executives at New York Mortgage Trust Inc getting paid more, with Jason Serrano having the highest compensation of $5,147,920.
Steven Mumma is 61, he's been the Chairman of the Board a Chief Executive Officer of New York Mortgage Trust Inc since 2020. There are 4 older and 11 younger executives at New York Mortgage Trust Inc. The oldest executive at New York Mortgage Trust Inc is David Bock, 76, who is the Independent Director.
Steven's mailing address filed with the SEC is C/O NEW YORK MORTGAGE TRUST, INC., 90 PARK AVENUE, NEW YORK, NY, 10016.
Over the last 16 years, insiders at New York Mortgage Trust Inc have traded over $63,976 worth of New York Mortgage Trust Inc stock and bought 1,467,843 units worth $9,084,070 . The most active insiders traders include Capital Strategies Llc Harvest, Kevin M. Donlon a Steven R Mumma. On average, New York Mortgage Trust Inc executives and independent directors trade stock every 96 days with the average trade being worth of $739,669. The most recent stock trade was executed by Kristine Rimando Nario Eng on 13 March 2020, trading 7,500 units of NYMTN stock currently worth $30,000.
new york mortgage trust, inc. acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the united states. its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non-qualified mortgage loans, second mortgages, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(rmbs); agency rmbs and cmbs; and other mortgage-related, residential housing-related, and credit-related assets. the company qualifies as a real estate investment trust for federal income tax purposes. it generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. the company was founded in 2003 and is head
New York Mortgage Trust Inc executives and other stock owners filed with the SEC include: