New York Mortgage Trust, Inc. selects Computershare as RMBS trustee for NYMT 2024-BPL1

Computershare Corporate Trust’s experienced team now offering RMBS trustee services across the US trustee market

NEW YORK, April 29, 2024 – New York Mortgage Trust, Inc., a NY-based real estate investment trust (REIT), has selected Computershare (ASX: CPU) as indenture trustee for its residential -mortgage-backed security (RMBS) transaction, NYMT 2024-BPL1.

The deal is the first example of Computershare’s new RMBS trustee services, which the global financial services company says are now available to clients across the US and which have been built on the broad experiences and in-depth knowledge of its Corporate Trust team.

Computershare will also provide New York Mortgage Trust, Inc. with document custodian, securities administrator and paying agent services for this and other RMBS transactions.

“We are pleased to be working with New York Mortgage Trust, Inc., and we’re looking forward to a productive and rewarding relationship,” said Michael Watchke, Head of US Corporate Trust, Computershare.

“Clients can now centralize all their RMBS trustee needs through Computershare and benefit from our extensive insight into every aspect of RMBS corporate trusts, whether we’re performing the role of master servicer or trustee.”

Computershare is also qualified to offer corporate trust services in Delaware.

For more information about Computershare Corporate Trust services, click here.