8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 3, 2007

NEW YORK MORTGAGE TRUST, INC.

(Exact name of registrant as specified in its charter)

Maryland	001-32216	47-0934168
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1301 Avenue of the Americas

New York, New York 10019

(Address and zip code of

principal executive offices)

Registrant's telephone number, including area code: (212) 634-9400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

r     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

r     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

r     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

r     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD

The Company issued a press release relating to the information set forth below in Item 8.01, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1 hereto, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 8.01. Other Events

On July 3, 2007, New York Mortgage Trust, Inc. (the “Company”) announced that the Company's Board of Directors omitted a dividend on its common stock, par value $0.01 per share, for the quarter ended June 30, 2007.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit 99.1 is being furnished as an exhibit to this Current Report on Form 8-K.

99.1 Press Release, dated July 3, 2007

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NEW YORK MORTGAGE TRUST, INC.
July 3, 2007	/s/ Steven R. Mumma
	Steven R. Mumma
	Chief Financial Officer

INDEX TO EXHIBITS

Exhibit Number	Description
99.1	Press Release dated July 3, 2007

EX-99.1

Exhibit 99.1

New York Mortgage Trust Omits Dividend for Second Quarter;

Conserving Capital to Build Future Earnings

NEW YORK, NY - July 3, 2007 - New York Mortgage Trust, Inc. (NYSE: NTR), a self-advised real estate investment trust (REIT) engaged in the investment in and management of high credit quality residential adjustable rate mortgage (ARM) loans and mortgage-backed securities (MBS), today reported that, for the quarter ending June 30, 2007, the Company's Board of Directors decided to omit a dividend on shares of its common stock. The Board’s decision reflects the Company’s focus on eliminating operating losses through the sale of its mortgage lending business and conserving capital to build future earnings from its mortgage portfolio operations.

Comments from Management