Cherry Hill Mortgage Investment Corporation Overview
Pro stress-test →Cherry Hill Mortgage Investment Corporation (CHMI) is a mortgage real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS) and other mortgage-related assets. The company generates income through interest on its mortgage portfolio and benefits from favorable lending environments and housing market conditions.
Strategic Profile
Pro stress-test →As a mortgage REIT, CHMI leverages financing to amplify returns on residential mortgage securities, positioning itself to capture yield in the RMBS market. The company's competitive advantage lies in its focused investment strategy, active portfolio management, and ability to generate attractive risk-adjusted returns through mortgage asset selection and duration management.
Competitive Landscape
Pro stress-test →CHMI competes with other mortgage REITs including New Residential Investment Corp (NRZ), ARMOUR Residential REIT (ARR), and Invesco Mortgage Capital (IVR). The mortgage REIT space is fragmented with competitors differentiating on leverage levels, portfolio composition, hedging approaches, and dividend policies.
Industry Context
Cherry Hill Mortgage Investment Corporation operates in Mortgage Real Estate Investment Trust (REIT).
Key facts
Founded: 2013 · Headquarters: Jersey City, New Jersey