Cherry Hill Mortgage Investment (US:CHMI)2023-08-06 16:00FORWARD-LOOKING INFORMATION This section outlines forward-looking statements, highlighting their inherent risks and uncertainties that could cause actual results to differ materially - Forward-looking statements are identified by words such as 'believe', 'expect', 'anticipate', 'estimate', 'plan', 'continue', 'intend', 'should', 'could', 'would', 'may', 'potential' or their negatives - Actual results may differ materially from forward-looking statements due to substantial risks and uncertainties, many of which are difficult to predict and beyond the company's control - Key risk factors include general volatility of capital markets, accelerating inflationary trends, changes in investment objectives, availability of capital, ability to manage subsidiaries, dependence on external Manager, increased default rates, impact of pandemics, changes in interest rates/spreads/prepayment rates, and REIT qualification requirements PART I. FINANCIAL INFORMATION Item 1. Consolidated Financial Statements This section presents the company's core financial statements and notes, detailing financial position, performance, equity, and cash flows Consolidated Balance Sheets The Consolidated Balance Sheets detail financial position, with assets and liabilities increasing due to RMBS and repurchase agreements Assets (in thousands) | Asset Category | June 30, 2023 | December 31, 2022 | | :--- | :--- | :--- | | RMBS, at fair value | $1,054,251 | $931,431 | | Investments in Servicing Related Assets, at fair value | $264,906 | $279,739 | | Cash and cash equivalents | $53,021 | $57,320 | | Derivative assets | $26,504 | $45,533 | | Total Assets | $1,441,513 | $1,408,825 | Liabilities (in thousands) | Liability Category | June 30, 2023 | December 31, 2022 | | :--- | :--- | :--- | | Repurchase agreements | $979,907 | $825,962 | | Derivative liabilities | $7,472 | $24,718 | | Notes payable | $174,968 | $183,888 | | Total Liabilities | $1,178,944 | $1,143,309 | Stockholders' Equity (