Cherry Hill Mortgage Investment Corporation (CHMI-PA) NYSE
Currency In USD
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Cherry Hill Mortgage Investment Corporation
Address
1451 Route 34
Tinton Falls, NJ 07753
United States of America (the)
Phone
877 870 7005
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
14
First IPO Date
August 14, 2017
Key Executives
| Name | Title | Pay | Year Born |
| Jeffrey Lown | President, Chief Executive Officer & Director | 1.24M | 1964 |
| Susan Healey | General Counsel & Secretary | 690,547 | 1978 |
| Julian Evans | Chief Investment Officer | 825,000 | 1970 |
| Raymond Slater | Senior Vice President of Mortgage Servicing | 0 | N/A |
| Apeksha Patel | CFO & Treasurer | 0 | 1986 |
Description
Cherry Hill Mortgage Investment Corporation (CHMI) is a financial institution focused on residential real estate, specializing in the acquisition, investment, and management of home loan-related assets throughout the United States. The company organizes its operations into key divisions: a portfolio dedicated to Residential Mortgage-Backed Securities (RMBS), another for Servicing Related Assets, and an "All Other" segment. It actively manages a diverse collection of both servicing-related assets and RMBS. For federal tax purposes, CHMI is structured as a Real Estate Investment Trust (REIT). This status generally allows the corporation to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable profits to its shareholders. Cherry Hill Mortgage Investment Corporation was established in 2012 and has its headquarters in Farmingdale, New Jersey.
