Cherry Hill Mortgage Investment Corporation (CHMI-PB) NYSE
Currency In USD
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Cherry Hill Mortgage Investment Corporation
Address
1451 Route 34
Farmingdale, NJ 07727
United States of America (the)
Phone
877 870 7005
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
12
First IPO Date
February 05, 2019
Key Executives
| Name | Title | Pay | Year Born |
| Jeffrey Lown | President, Chief Executive Officer & Director | 1.24M | 1964 |
| Susan Healey | General Counsel & Secretary | 690,547 | 1979 |
| Julian Evans | Chief Investment Officer | 825,000 | 1970 |
| Apeksha Patel | CFO & Treasurer | 0 | 1986 |
| Raymond Slater | Senior Vice President of Mortgage Servicing | 0 | N/A |
Description
Cherry Hill Mortgage Investment Corporation operates as a residential real estate finance company, primarily engaged in the acquisition, investment, and management of residential mortgage assets across the United States. Its business activities are organized into segments focusing on investments in residential mortgage-backed securities (RMBS), investments in servicing-related assets, and an "All Other" category, through which it manages its portfolio. Established in 2012, the corporation is headquartered in Farmingdale, New Jersey. Significantly, Cherry Hill Mortgage Investment Corporation holds the designation of a Real Estate Investment Trust (REIT) for federal income tax purposes. This status generally allows the company to avoid federal corporate income taxes, contingent on distributing at least 90% of its taxable earnings to its shareholders.
