CHMI Profile
Cherry Hill Mortgage Investment Corporation is a residential real estate finance company specializing in the acquisition, investment, and management of residential mortgage assets across the United States. The company operates through several key segments, including Investments in Residential Mortgage-Backed Securities (RMBS), Investments in Servicing Related Assets, and All Other segments. Its primary focus is on managing a diversified portfolio of RMBS and servicing-related assets, which are central to its strategy of generating returns from the residential mortgage market.
The company's investments in RMBS include a range of securities backed by residential mortgages, which offer exposure to various credit and interest rate risks. In addition to RMBS, Cherry Hill Mortgage Investment Corporation holds and manages servicing-related assets, which encompass rights and obligations associated with the servicing of mortgage loans. This strategic approach enables the company to leverage multiple revenue streams and optimize its investment portfolio.
As a real estate investment trust (REIT), Cherry Hill Mortgage Investment Corporation benefits from federal income tax exemptions, provided it distributes at least 90% of its taxable income to its stockholders. This REIT status allows the company to focus on its core investment activities while minimizing tax liabilities, thereby enhancing shareholder value. The company's adherence to REIT regulations is a key component of its operational and financial strategy.
Established in 2012 and headquartered in Farmingdale, New Jersey, Cherry Hill Mortgage Investment Corporation continues to build its presence in the residential mortgage sector. The company remains committed to leveraging its expertise in mortgage investments and servicing to achieve sustainable growth and deliver value to its investors. Its strategic focus on RMBS and servicing-related assets positions it well to navigate the complexities of the residential mortgage market.
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