Cherry Hill Mortgage Investment Corporation filings document the company’s residential mortgage asset portfolio, operating results, capital structure, and governance as an internally managed mortgage finance company. Form 8-K reports furnish quarterly results, earnings releases, and related exhibits covering RMBS and mortgage servicing rights activity, earnings available for distribution, leverage, and comprehensive income items.
Proxy and other governance filings cover director elections, advisory executive compensation votes, auditor ratification, charter and bylaw matters, executive compensation plans, and officer appointments. The filing record also identifies the company’s common stock and preferred equity classes, including its Series A cumulative redeemable preferred stock and Series B fixed-to-floating rate cumulative redeemable preferred stock.
Cherry Hill Mortgage Investment Corporation reported stronger results for the quarter ended June 30, 2026 and announced a planned acquisition by another mortgage REIT. GAAP net income applicable to common stockholders was $1.3 million, or $0.04 per diluted share, compared with a loss of $0.05 per share in the prior quarter. Total net income was $3.8 million, and earnings available for distribution attributable to common stockholders were $5.5 million, or $0.15 per diluted share, modestly above the prior quarter.
The company generated $4.7 million of net interest income and $7.4 million of net servicing income, offset by $4.2 million of other loss driven by realized and unrealized losses on RMBS, derivatives, servicing-related assets, and credit loss and impairment on other assets. GAAP book value stood at $3.16 per diluted share, net of the second-quarter dividend. The RMBS portfolio had a carrying value of about $1.1 billion, a 3.45% net interest spread, and a 5.02x debt-to-equity ratio. The MSR portfolio had $15.2 billion of unpaid principal balance and a carrying value of $211.1 million.
The board declared a $0.10 per share common dividend for the quarter, and paid regular preferred dividends. Separately, Cherry Hill entered into a definitive merger agreement under which MITT will acquire CHMI. CHMI stockholders are expected to receive 0.3063 MITT shares plus $0.93 in cash per CHMI share, implying $3.10 per CHMI share and a 29% premium to the unaffected price, with closing targeted for the fourth quarter of 2026, subject to stockholder and other customary approvals.
Cherry Hill Mortgage Investment Corporation (CHMI) has agreed to be acquired by TPG Mortgage Investment Trust, Inc. (MITT) in a stock-and-cash merger valued at approximately $117.5 million. Each CHMI common share will be converted into 0.3063 shares of MITT common stock plus $0.93 in cash, implying $3.10 per CHMI share based on MITT’s August 7, 2026 closing price. This represents a 29% premium to CHMI’s unaffected closing price and a 32% premium to its 30‑day VWAP.
On a pro forma basis, MITT stockholders are expected to own about 73% of the combined company and CHMI stockholders about 27%. CHMI’s Series A and B preferred shares will be exchanged into new MITT Series D and E preferred shares with substantially similar rights. The transaction, unanimously approved by both boards, is targeted to close in the fourth quarter of 2026, subject to stockholder approvals, regulatory clearances, NYSE listing of new MITT securities, effectiveness of an S‑4 registration statement, and other customary conditions.
The merger agreement includes reciprocal no‑shop covenants with “superior proposal” exceptions and termination rights. Under specified circumstances, CHMI could owe MITT a $4.7 million termination fee, and MITT could owe CHMI $7.99 million. A support agreement with AG MIT, LLC commits its CHMI shares to vote in favor of the merger. The parties intend the company merger to qualify as a tax‑free reorganization under Section 368(a) of the Internal Revenue Code and include covenants to maintain REIT status until closing.
Cherry Hill Mortgage Investment Corp director receives stock award. Director Joseph J. Murin was granted 42,017 shares of common stock on 2026-06-15 at a stated price of $0.00 per share, classified as a grant or award acquisition. After this award, he directly holds 156,781 common shares.
Cherry Hill Mortgage Investment Corp director Robert C. Mercer Jr. received a grant of 42,017 shares of common stock on June 15, 2026. The shares were acquired at no stated price as a grant or award, increasing his direct holdings to 146,822 common shares after the transaction.
Cherry Hill Mortgage Investment Corp director receives stock award. Director Sharon L. Cook acquired 42,017 shares of common stock as a grant or award, at a stated price of $0.00 per share. Following this compensation-related transaction, she directly holds 90,733 shares of Cherry Hill Mortgage Investment Corp common stock.
Hoffman Dale S reported acquisition or exercise transactions in this Form 4 filing.
Cherry Hill Mortgage Investment Corp director Dale S. Hoffman received a stock grant from the company. He was awarded 42,017 shares of common stock at no cash cost, increasing his directly held position to 78,647 shares. This was a compensation-related award, not an open-market purchase.
Cherry Hill Mortgage Investment Corporation reported the results of its annual meeting of stockholders. Shareholders re-elected five directors to serve until the next annual meeting and approved, on a non-binding basis, the 2025 compensation of the company’s named executive officers.
Stockholders also ratified the appointment of Ernst & Young LLP as independent public auditors for the fiscal year ending December 31, 2026. A proposed charter amendment that would have removed the board’s exclusive power to amend and adopt bylaws did not receive sufficient support and was not approved.
Cherry Hill Mortgage Investment Corp’s Chief Financial Officer Apeksha Patel reported routine equity compensation activity. On June 1, 2026, 11,000 Restricted Stock Units converted into an equal number of common shares at a stated price of $0.00 per share, reflecting vesting under prior grants.
The company withheld 3,449 common shares at a price of $2.42 per share to cover tax obligations, a non‑market “F” code tax-withholding disposition. Following these transactions, Patel directly held 14,458 common shares and 87,091 RSUs, indicating a continued substantial equity stake and no open‑market buying or selling.
Cherry Hill Mortgage Investment Corporation reported a small GAAP loss for first-quarter 2026 after unrealized RMBS losses outweighed core income. The company posted GAAP net loss applicable to common stockholders of $2.0 million, or $0.05 per diluted share, versus $0.14 per share in the prior quarter.
Earnings available for distribution attributable to common stockholders were $5.3 million, or $0.14 per diluted share, up from $0.11 in fourth-quarter 2025, reflecting stronger cash earnings. Net interest income was $4.5 million and net servicing income was $7.9 million, partially offset by a $12.4 million unrealized loss on RMBS and a $1.4 million unrealized loss on servicing-related assets.
The MSR portfolio had $15.6 billion in unpaid principal balance and a $213.5 million carrying value at March 31, 2026. The RMBS portfolio totaled about $1.2 billion, with a 4.98% weighted-average coupon and 27-year weighted-average maturity, and was hedged with interest rate swaps, TBAs, Treasury futures and Eris SOFR swap futures. GAAP book value was $3.23 per diluted share, net of the first-quarter dividend. The board declared a $0.10 common dividend and continued quarterly preferred dividends.
Cherry Hill Mortgage Investment Corporation reports first-quarter 2026 results showing modest profitability at the REIT level but a loss for common shareholders. Net interest income rose to $4.5 million, and net servicing income from mortgage servicing rights was $7.9 million, reflecting the company’s two-segment model of RMBS and servicing-related assets.
After fair value swings on RMBS, derivatives and servicing assets, total income reached $4.6 million and net income was $0.4 million. However, preferred dividends of $2.4 million led to a net loss applicable to common stockholders of $2.0 million, or $(0.05) per share. Total assets were $1.52 billion and total liabilities were $1.29 billion, leaving stockholders’ equity of $230.6 million.
The company’s portfolio consisted entirely of Agency RMBS with a carrying value of $1.18 billion and servicing related assets of $213.5 million backed by $15.6 billion of unpaid principal balance. Cherry Hill continued to finance RMBS primarily through repurchase agreements of $1.12 billion. As of May 7, 2026, there were 36,739,538 common shares outstanding.