Cherry Hill Mortgage Investment Corp
NYSE:CHMI
Cherry Hill Mortgage Investment Corp
Cherry Hill Mortgage Investment Corp. is a real estate finance company, which acquires, invests in and manages a portfolio of excess mortgage servicing rights. The company is headquartered in Wall Township, New Jersey and currently employs 0 full-time employees. The company went IPO on 2013-10-04. The firm is focused on the acquiring, investing in, and managing of residential mortgage assets in the United States. The Company’s principal objective is to generate yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. Its segments include investments in RMB and investments in Servicing Related Assets. The firm focuses on attaining this objective by selectively constructing and managing a targeted portfolio of Servicing Related Assets and residential mortgage-backed securities (RMBS). The firm may also invest in other cash-flowing residential mortgage assets. The firm is managed by Cherry Hill Mortgage Management, LLC.
Cherry Hill Mortgage Investment Corp. is a real estate finance company, which acquires, invests in and manages a portfolio of excess mortgage servicing rights. The company is headquartered in Wall Township, New Jersey and currently employs 0 full-time employees. The company went IPO on 2013-10-04. The firm is focused on the acquiring, investing in, and managing of residential mortgage assets in the United States. The Company’s principal objective is to generate yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. Its segments include investments in RMB and investments in Servicing Related Assets. The firm focuses on attaining this objective by selectively constructing and managing a targeted portfolio of Servicing Related Assets and residential mortgage-backed securities (RMBS). The firm may also invest in other cash-flowing residential mortgage assets. The firm is managed by Cherry Hill Mortgage Management, LLC.
GAAP Net Income: Cherry Hill generated $0.05 per diluted share in GAAP net income for Q3 2025.
Book Value: Book value per common share rose slightly to $3.36 at quarter end, up from $3.34 in June.
Dividend Adjustment: The Board reset the quarterly dividend to $0.10 per share, aiming for better alignment with earnings power.
Portfolio Performance: Both the mortgage servicing rights (MSR) and mortgage-backed securities (RMBS) portfolios performed well; RMBS net interest spread increased to 2.87%.
Expense Outlook: Operating expenses rose this quarter due to personnel changes and related fees, but management expects costs to go down moving forward.
Real Genius Partnership: The partnership with Real Genius, a digital mortgage tech firm, is progressing well and may spur further growth if mortgage rates decline.
Book Value Update: Management said book value per share was up about 1.2% as of October 31, before the Q4 dividend accrual.
