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Registered User
Joined: 12/7/2004
Posts: 20
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beautiful chart... if you invest by jan 4. you'll get 5 dividends this coming year. dividends should also increase 13% to $1.25 a share this year.
68 offices in 14 states.
ive been buying since last week ..
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Registered User
Joined: 12/7/2004
Posts: 20
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symbol is NTR
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Registered User
Joined: 12/7/2004
Posts: 20
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edited by Moderator
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Registered User
Joined: 12/7/2004
Posts: 20
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NTR is a self-originating residential mortgage REIT with a focus on prime quality purchase-money loans sourced through its own retail offices. The Mortgage Bankers Association (MBA) is projecting a decline of only 3% for purchase-money mortgage volume in 2005 compared to a 37% decline in refinance mortgages.
· Two acquisitions made in 2004 have dramatically expanded the number of production offices and the lending footprint beyond NTR’s original base in the Tri-States (NY-NJ-CT) market. Now with 68 offices in 14 states, primarily in the Northeast and Mid-Atlantic, total mortgage production to rise over 70% in 2005 to $3.2 billion from $1.9 billion in 2004.
· Compared to peers, New York Mortgage Trust appears to offer the most straightforward and lowest risk operating model, and its focus on retail sourced, self-originations should contribute to higher than average gain on sale and net interest margins.
· If NTR shares are purchased prior to the January 4, 2005, Ex-Dividend date for the 4Q04 dividend of $0.24, investors would have the opportunity to capture five dividends totaling $1.34 in the next 13 months.
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Registered User
Joined: 12/7/2004
Posts: 20
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I GUESS PLACEMENT OF CHARTS ARE NOT ALLOWED ON THIS FORUM.. THE MODERATOR EDITED IT OUT..
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