Cherry Hill Mortgage Investment (US:CHMI)2025-05-06 20:17Financial Performance - Cherry Hill reported a GAAP net loss applicable to common stockholders of $9.3 million, or $0.29 per share for Q1 2025[4]. - Earnings available for distribution (EAD) attributable to common stockholders were $5.4 million, or $0.17 per diluted share[5]. - The company realized net servicing fee income of $8.4 million and net interest income of $2.2 million for the quarter[10]. Dividends - The company declared a regular common dividend of $0.15 per share, resulting in an annualized common dividend yield of 20.1%[6]. Asset Valuation - The common book value per share was $3.58 as of March 31, 2025[6]. - The unpaid principal balance for the MSR portfolio was $17.0 billion, with a carrying value of $227.3 million[10]. - The RMBS portfolio had a book value of approximately $1.1 billion, with a weighted average coupon of 4.88% and a weighted average maturity of 28 years[11]. - The net unrealized gain on the RMBS portfolio classified as available-for-sale was approximately $6.9 million[8]. Leverage and Financial Instruments - The aggregate portfolio leverage stood at 5.2x at the end of Q1 2025[6]. - As of March 31, 2025, the company held interest rate swaps with a notional amount of $804.3 million[12].