We're losing count of the number of mortgage REITs issuing secondary offerings. New York...

|About: New York Mortgage Trust,... (NYMT)|By:, SA News Editor

We're losing count of the number of mortgage REITs issuing secondary offerings. New York Mortgage Trust (NYMT) prices a 10M share secondary at $6.73 (yesterday's close $6.94). And the Fed is considering QE3? The world may run out of MBS soon. Shares -3.9% premarket. (PR)