ADAMAS TRUST, INC. — Director's Dealing 2008

Feb 26, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW YORK MORTGAGE TRUST INC (NMTR.OB)
CIK: 0001273685
Period of Report: 2008-02-21

Reporting Person: JMP Group Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-21	Common Stock	P	1179171	$3.80	Acquired	1179171	Direct

Footnotes

F1: Common stock issued in a private offering of the Issuer pursuant to Rule 506 of Regulation D.