Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2025 Results

About this update from Cherry Hill Mortgage Investment Corporation

[{"type":"text","content":"TINTON FALLS, N.J., August 07, 2025--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) ("Cherry Hill" or the "Company") today reported results for the second quarter 2025.","length":215,"tagName":"p"},{"type":"text","content":"Second Quarter 2025 Highlights","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"In May 2025, CHMI Solutions, Inc., a subsidiary of CHMI, entered into a strategic partnership and financing with Real Genius LLC ("Real Genius"), a Florida-based digital mortgage technology company.","length":208,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Accessed at-the-market equity program, generating additional proceeds of approximately $8.9 million.","length":100,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss applicable to common stockholders of $0.9 million, or $0.03 per share.","length":84,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Earnings available for distribution ("EAD") attributable to common stockholders of $3.2 million, or $0.10 per diluted share.","length":134,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Common book value per share of $3.34 at June 30, 2025.","length":54,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared regular common dividend of $0.15 per share; annualized common dividend yield was 20.8% based on the closing sale price of the Company’s common stock as reported by the NYSE on August 6, 2025.","length":200,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Aggregate portfolio leverage stood at 5.3x at June 30, 2025.","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"As of June 30, 2025, the Company had unrestricted cash of $58.0 million.","length":72,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":912,"olType":false},{"type":"text","content":""We are pleased with the progress made in the second quarter, successfully raising additional equity and entering into a strategic partnership with Real Genius, an innovative digital mortgage company," said Jay Lown, President and CEO of Cherry Hill Mortgage Investment Corporation. "Moving into the second half of the year, we remain focused on prudently growing Cherry...

More updates from Cherry Hill Mortgage Investment Corporation