Cherry Hill Mortgage Investment Q1 Earnings Call Highlights
Key takeaways
- The company said its MSR portfolio helped offset some weakness, while management made portfolio adjustments in March to protect book value;
- Management expects volatility to remain elevated in the near term, but sees potential support from GSE demand and stabilizing mortgage rates, with CFOs noting book value improved nearly 2% by April 30 from quarter-end.
- Cherry Hill Mortgage Investment (NYSE:CHMI) reported a first-quarter loss as management said geopolitical volatility, higher inflation expectations and wider mortgage spreads weighed on performance late in the period.
Cherry Hill Mortgage Investment Q1 Earnings Call Highlights Market Beat Sun, May 10, 2026 at 1:04 AM GMT+7 7 min read CHMI CHMI-PA Cherry Hill Mortgage Investment logo Key Points Interested in Cherry Hill Mortgage Investment Corporation? Here are five stocks we like better.
Cherry Hill Mortgage Investment reported a first-quarter GAAP net loss of $2 million, or $0.05 per share, and book value per common share fell 6.1% to $3.23 as geopolitical volatility and wider mortgage spreads pressured results late in the quarter.
The company said its MSR portfolio helped offset some weakness, while management made portfolio adjustments in March to protect book value; leverage ended the quarter at a “prudently levered” 5.5x with $47 million in unrestricted cash.