Cherry Hill Mortgage Investment Corporation
chmireit.comWhat Do They Do?
Invests in residential mortgage-backed securities and mortgage servicing rights tied to U.S. home loans.
10-K for FY2025, filed Mar 5, 2026Cherry Hill Mortgage Investment Corporation is a fully integrated, internally managed residential real estate finance company focused on…View ↗
RMBS, including Agency RMBS, residential mortgage pass-through certificates, CMOs and TBAs; andView ↗
Servicing Related Assets consisting of MSRs and Excess MSRs.View ↗
How Do They Make Money?
Earns interest on residential mortgage-backed securities through coupon payments, with interest based on outstanding principal and the securities’ contractual terms.
10-K for FY2025, filed Mar 5, 2026Revenue Recognition – Interest income from coupon payments is accrued based on the outstanding principal amount of the RMBS and their…View ↗
$23.3M
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10-K for FY2025, filed Mar 5, 2026
$23.3M ↗
Do Revenues Turn Into Profits?
Yes. It kept 30 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 5, 2026
How Are They Changing?
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Aug 10, 2026
Agrees to be acquired by TPG Mortgage Investment Trust
Common shareholders are set to receive 0.3063 MITT shares and $0.93 cash per share, subject to stockholder approvals and other closing conditions.
Sources
8-K, filed Aug 10, 2026
In connection with the transaction, holders of CHMI common stock will receive 0.3063 shares of MITT common stock and $0.93 in cash per…View ↗
Shrinking. Revenue fell 17% in 4 years, from $28.1M in FY2021 to $23.3M in FY2025, about 5% a year.
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