Michael B. Clement Ph.D. serves as Independent Director of the Company since June 2016. Mr. Clement has been a professor in the Department of Accounting at the University of Texas at Austin since 2011 and served as an associate professor from 2004 to 2011 and as an assistant professor from 1997 to 2002 in the Department of Accounting of the University of Texas at Austin. From 2002 to 2004, Mr. Clement was the Vice President of Global Investment Research for Goldman Sachs & Co. Mr. Clement was a Vice President of Capital Planning and Analysis and a Manager of the Audit Division from 1982-1986 at Citicorp. Prior to his employment at Citicorp, Mr. Clement was a Senior Assistant Accountant at Deloitte Haskins & Sells. Mr. Clement holds a B.B.A. in Accounting from Baruch College, an M.B.A. in Finance from the University of Chicago and a Ph.D. in Accounting from Stanford University. Mr. Clement also serves on the Board of the AXA Equitable funds complex, where he serves as member of the audit committee.
As the Independent Director of New York Mortgage Trust Inc, the total compensation of Michael Clement at New York Mortgage Trust Inc is $240,000. There are 8 executives at New York Mortgage Trust Inc getting paid more, with Jason Serrano having the highest compensation of $5,147,920.
Michael Clement is 63, he's been the Independent Director of New York Mortgage Trust Inc since 2016. There are 2 older and 13 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.
Michael'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, eSteven 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: