Mission Statement, Vision, & Core Values of Cherry Hill Mortgage Investment Corporation (CHMI)

Ever wondered what drives a company like Cherry Hill Mortgage Investment Corporation (CHMI)? Understanding their mission, vision, and core values provides insight into their strategic objectives and how they aim to achieve them. But how do these values translate into real-world performance, especially when considering the latest financial figures?

With a GAAP net income of $9.1 million ($0.29 per share) and an Earnings Available for Distribution (EAD) of $3.3 million ($0.10 per share) in Q4 2024, alongside a common book value per share of $3.82, how do these figures align with the company's stated mission to deliver attractive returns? Are these values reflected in their strategic focus on mortgage servicing rights (MSRs) and agency residential mortgage-backed securities (RMBS)? Let's delve deeper to find out.

Cherry Hill Mortgage Investment Corporation (CHMI) An Overview of

Cherry Hill Mortgage Investment Corporation focuses on acquiring, investing in, and managing residential mortgage assets in the United States. Since its inception, the company has aimed to deliver attractive risk-adjusted returns to its stockholders, primarily through dividend distributions.

The company's investment portfolio includes:

• Agency residential mortgage-backed securities (RMBS): These are guaranteed by government-sponsored enterprises like Fannie Mae and Freddie Mac.
• Mortgage servicing rights (MSRs): These represent the right to service mortgage loans on behalf of others.
• Other mortgage-related assets: This can include various investments related to residential mortgages.

As of April 2025, specific, up-to-the-minute sales figures are not available. For the most recent details on sales and financial performance, consulting the latest SEC filings or investor relations releases from Cherry Hill Mortgage Investment Corporation would be the best approach.

Cherry Hill Mortgage Investment Corporation's financial performance is detailed in its regular reports. To stay informed about their financial achievements, one can refer to their financial statements.

For example, in the fourth quarter of 2023, Cherry Hill Mortgage Investment Corporation reported a net loss of $13.7 million, or $0.71 per share. However, the Company also reported taxable income of $7.9 million, or $0.41 per share. Comprehensive loss for the fourth quarter of 2023 was $14.2 million. For the year ended December 31, 2023, the Company reported a net loss of $42.4 million, or $2.20 per share. Taxable income for the year ended December 31, 2023 was $18.4 million, or $0.95 per share. Comprehensive loss for the year ended December 31, 2023 was $45.9 million. Book value per share as of December 31, 2023 was $6.78.

As of December 31, 2023, the Company’s Agency RMBS portfolio had an amortized cost of approximately $278.8 million and a fair value of approximately $261.7 million. The Company’s MSR portfolio had a fair value of approximately $134.9 million as of December 31, 2023.

Interested in learning more about Cherry Hill Mortgage Investment Corporation? Discover their history, mission, and ownership structure: Cherry Hill Mortgage Investment Corporation (CHMI): History, Ownership, Mission, How It Works & Makes Money

Cherry Hill Mortgage Investment Corporation (CHMI) Mission Statement

The mission of Cherry Hill Mortgage Investment Corporation is to consistently generate attractive current yields and risk-adjusted total returns for its stockholders over the long term. This is achieved primarily through dividend distributions and secondarily through capital appreciation.

Key aspects of Cherry Hill's mission include:

• Generating Attractive Yields: CHMI aims to provide consistent and appealing returns to its stockholders.
• Risk-Adjusted Total Returns: The company focuses on balancing returns with associated risks to maximize overall value for stockholders.
• Long-Term Perspective: CHMI is dedicated to achieving its financial goals over an extended period, ensuring sustainable growth and returns.
• Dividend Distributions: A primary method for delivering returns to stockholders.
• Capital Appreciation: A secondary focus that contributes to the overall return for stockholders.

CHMI proactively manages its portfolio, maintains a strong balance sheet, and effectively preserves its book value across various interest rate environments to maximize shareholder returns.

Cherry Hill's investment strategy has enabled it to succeed in adverse market conditions and multiple interest rate environments. As of December 31, 2024, key financial data included:

• 23% Dividend Yield based on the closing stock price.
• $3.82 Book Value per Share.
• $17.3 Billion UPB of MSRs (Unpaid Principal Balance of Mortgage Servicing Rights).
• $1.5 Billion of Investable Assets.

For insights into the company's financial health, you may find this resource helpful: Breaking Down Cherry Hill Mortgage Investment Corporation (CHMI) Financial Health: Key Insights for Investors

In 2024, Cherry Hill Mortgage Investment Corporation reported several key developments:

• GAAP net income applicable to common stockholders of $9.1 million, or $0.29 per share for the fourth quarter.
• Declared a Q4 2024 dividend of $0.15 per share.
• The MSR portfolio's unpaid principal balance was $17.3 billion, with a carrying value of $233.7 million.
• The RMBS portfolio had a book value of $1.1 billion with a 4.80% weighted average coupon.
• The Company had unrestricted cash of $46.3 million as of December 31, 2024.

CHMI reported net interest income of $0.7 million and net servicing income of $8.5 million. The aggregate portfolio leverage stood at 5.3x at the end of 2024.

Cherry Hill Mortgage Investment Corporation (CHMI) Vision Statement of

While specific, publicly declared mission statements, vision statements, and core values for Cherry Hill Mortgage Investment Corporation (CHMI) as of April 2025 are not readily available, we can analyze the company's activities, strategic moves, and overall approach to infer these elements. This approach is based on the understanding that a company's actions often speak louder than words, revealing its true mission, long-term vision, and the values that guide its operations.

In lieu of an explicitly stated vision statement, it's crucial to examine the company's core business activities and strategic objectives. CHMI primarily focuses on acquiring, investing in, and managing residential mortgage assets in the United States. A key aspect of their strategy involves leveraging their expertise in mortgage origination, servicing, and securitization to generate attractive risk-adjusted returns for their stockholders.

Inferred Mission Statement

Based on their investment strategy, an inferred mission statement for CHMI could be:

To deliver attractive risk-adjusted returns to stockholders by strategically investing in, and actively managing a diversified portfolio of residential mortgage assets in the United States, leveraging expertise in mortgage origination, servicing, and securitization.

Inferred Vision Statement

Given their focus on residential mortgage assets and generating stockholder value, a possible vision statement might be:

To be a leading, well-respected mortgage investment firm recognized for its ability to generate consistent, attractive returns for its stockholders through strategic investment and active management of residential mortgage assets, while adapting to evolving market dynamics and maintaining a disciplined approach to risk management.

Inferred Core Values

Analyzing CHMI’s activities and public statements, we can infer several core values:

• Strategic Investment: A commitment to making well-informed investment decisions based on thorough analysis and understanding of market conditions.
• Active Management: A hands-on approach to managing their portfolio, optimizing performance, and mitigating risks.
• Stockholder Value: Prioritizing the delivery of consistent, attractive returns to their stockholders.
• Adaptability: Remaining flexible and responsive to changes in the market and regulatory environment.
• Risk Management: Maintaining a disciplined approach to risk management to protect investments and ensure long-term stability.

For example, in the fiscal year 2024, Cherry Hill Mortgage Investment Corporation reported a net loss of $47.3 million, or $2.05 per share. The company's investment portfolio stood at $746.9 million as of December 31, 2024. These figures highlight the challenges and strategic decisions CHMI faces as it navigates the market to achieve its financial goals.

Understanding a company's financial health is crucial for investors. For further insights into CHMI's financial standing, you can explore: Breaking Down Cherry Hill Mortgage Investment Corporation (CHMI) Financial Health: Key Insights for Investors

Cherry Hill Mortgage Investment Corporation (CHMI) Core Values of

While specific, explicitly stated core values for Cherry Hill Mortgage Investment Corporation are not readily available in my search results as of April 2025, we can analyze their actions and public statements to infer values that guide the company. These inferred values are derived from how they conduct business, their strategic priorities, and their interactions with stakeholders. It's important to note that these are based on interpretation and publicly available information.

Commitment to Shareholders

A primary inferred value for Cherry Hill Mortgage Investment Corporation is a commitment to its shareholders. This is evidenced by their focus on generating attractive risk-adjusted returns through investments in residential mortgage assets. They actively manage a portfolio of Mortgage Servicing Rights (MSRs) and residential mortgage-backed securities (RMBS), striving to optimize performance and deliver value to investors.

Examples of this commitment include:

• Strategic portfolio management aimed at maximizing returns.
• Active monitoring of market conditions to identify investment opportunities.
• Transparent communication with shareholders regarding company performance and strategy.

Risk Management

Effective risk management appears to be another core value. Cherry Hill Mortgage Investment Corporation operates in a complex and volatile market, requiring careful management of interest rate risk, credit risk, and prepayment risk. Their approach to hedging and diversification suggests a strong emphasis on protecting shareholder capital.

Examples of risk management in action:

• Employing hedging strategies to mitigate interest rate exposure.
• Diversifying investments across different types of mortgage assets.
• Conducting rigorous due diligence on potential investments.

Market Expertise and Adaptability

Given the dynamics of the mortgage market, Cherry Hill Mortgage Investment Corporation likely values market expertise and adaptability. They need to stay informed about changing regulations, economic trends, and investor sentiment to make sound investment decisions. Their ability to adjust their strategy in response to market shifts is crucial for long-term success.

Examples of how they demonstrate this value:

• Investing in research and analysis to understand market dynamics.
• Building a team with deep expertise in mortgage finance.
• Remaining flexible and opportunistic in their investment approach.

Operational Efficiency

Operational efficiency is likely a key value, enabling the company to manage costs and maximize profitability. Streamlining processes, leveraging technology, and maintaining a lean organizational structure can contribute to improved financial performance.

Examples of operational efficiency measures:

• Implementing technology solutions to automate tasks and improve accuracy.
• Negotiating favorable terms with service providers.
• Continuously seeking ways to reduce operating expenses.

While these inferred values provide insight into Cherry Hill Mortgage Investment Corporation's guiding principles, it's important to consult their official documents and statements for a more comprehensive understanding. You can also read more about the company here: Exploring Cherry Hill Mortgage Investment Corporation (CHMI) Investor Profile: Who’s Buying and Why?