David A. Akre

DAVID A. AKRE is co-Chief Executive Officer of New York Mortgage Trust,
Inc. Prior to co-founding the company, Mr. Akre served as Vice
President in Capital Markets at Thornburg Mortgage Corporation, a
publicly traded residential mortgage REIT, from 1997 to 2003. From 1995
to 1997, Mr. Akre was a whole loan trader at Principal Asset Markets, a
subsidiary of Principal Life, a boutique whole loan broker-dealer
located in New Jersey. From 1988 to 1995, Mr. Akre served in a variety
of positions, including Vice President, with GE Capital Mortgage
Corporation. These positions included responsibility for mortgage
pipeline hedging, bidding bulk fixed-rate loan pools, securitization of
specific mortgage portfolios for public pension funds, and brokering
loans between mortgage insurance clients. From 1985 to 1988, Mr. Akre
worked in institutional taxable fixed income sales for Security Pacific
Merchant Bank in New York, and prior to that, Mr. Akre worked in
mortgage origination for three mortgage banking companies in New York.
Mr. Akre received a BS in nautical science from the United States
Merchant Marine Academy.