Steven R. Mumma has been at the helm of New York Mortgage Trust (NYMT) since February 3, 2009. With a B.B.A. in finance from Texas A&M University, he brings substantial experience in managing mortgage investment firms. After serving as CEO,...
Steven R. Mumma has been at the helm of New York Mortgage Trust (NYMT) since February 3, 2009. With a B.B.A. in finance from Texas A&M University, he brings substantial experience in managing mortgage investment firms. After serving as CEO, he transitioned to the Executive Chairman role in 2022 but remains an essential part of the company by heading the Board of Directors. He started his career in finance and has held multiple leadership roles at NYMT, including Chief Operating Officer and Chief Financial Officer. His leadership style focuses on aligning the interests of shareholders and management, which is evident in his compensation philosophy that ties financial performance to executive rewards. Mumma's strategic decisions helped guide NYMT through various economic climates, showcasing his ability to adapt and lead.