New York Mortgage Trust Appoints Jason Serrano as President
January 07, 2019 at 04:31 pm EST
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New York Mortgage Trust, Inc. announced that its Board of Directors has named Jason T. Serrano as President of the company, effective January 7, 2019. Mr. Serrano will report to Steven R. Mumma, the company’s CEO. Mr. Serrano was a Partner at Oak Hill Advisors, L.P. from January 2014 to December 2018 and a Managing Director at OHA from April 2008 to December 2013. While at OHA, Mr. Serrano ran the mortgage investment business. Prior to joining OHA, Mr. Serrano served as a Principal at The Blackstone Group, where he led the structured finance investment team. Prior to Blackstone, Mr. Serrano spent five years at Fortress Investment Group as Vice President, assisting in the management of $2 billion of distressed structured products and whole-loan portfolios.
New York Mortgage Trust, Inc. is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholder. The Companyâs investment portfolio includes credit sensitive single-family and multi-family assets, as well as more traditional types of fixed-income investments that provide coupon income, such as Agency residential mortgage-backed securities (RMBS). The Companyâs investments include residential loans, including business purpose loans; structured multi-family property investments such as preferred equity in, and mezzanine loans to, owners of multi-family properties; agency RMBS; non-agency RMBS; commercial mortgage-backed security (CMBS), and other mortgage, residential housing and credit-related assets and strategic investments in companies.
NEW YORK MORTGAGE TRUST, INC. 
