NYMT's primary business purpose is to invest in high-quality residential mortgage loans and securities, provide outstanding customer service to our borrowers and to deliver superior risk-adjusted returns to our shareholders. In pursuing this purpose, we are committed to conducting our business in a manner consistent with the best practices of corporate governance.

One governing principle is that of simplicity and transparency. Simplicity in that we focus on what we do best: invest in liquid, high-quality mortgage loans and securities, mitigate earnings and book value volatility by managing interest rate risk with interest rate swaps and caps and avoiding exotic or esoteric mortgage securities and derivatives structures. Transparency – the dissemination of operating and financial information to the public in order to form an informed opinion as to our performance – in order to earn the trust of our investors.

We maintain an ethical workplace in which the highest standards of professional conduct are practiced and applied to our customers, our employees and the investing public. In many cases, we have exceeded the minimum standards required by the SEC and other regulatory mandates. We would like to emphasize the following corporate governance facts:

• Our Board of Directors consists of a majority of independent directors.
• We have adopted a Code of Business Conduct and Ethics as well as Corporate Governance Guidelines in order to promote the highest standards of conduct and ethics in all our business activities and relationships by our employees, officers and directors.
• We have an Insider Trading Policy prohibiting any of our employees, officers or directors from buying or selling our stock on the basis of material nonpublic information and to prohibit the communication of material nonpublic information to others.
• We have established a corporate governance email address and a third-party, anonymous whistleblower hotline to address concerns and complaints regarding internal controls, auditing and compliance matters.

Governance Documents	View
Corporate Governance Guidelines	2.4 MB
Code of Conduct and Ethics	2.5 MB
Code of Ethics for Senior Financial Officers	114.2 KB
Submission, Receipt and Handling of Compliance Concerns and Complaints	95.6 KB
Insider Trading Policy	178.2 KB
Regulation FD; Disclosure Policies	156.5 KB

Committee Charters	View
Audit Committee	112.2 KB
Compensation Committee	87.0 KB
Nominating and Corporate Governance Committee	90.5 KB

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