Cherry Hill Mortgage Investment (CHMI) - 2022 Q4 - Earnings Call Transcript
Cherry Hill Mortgage Investment (CHMI)2023-03-08 00:02
Conference Call Participants Garrett Edson Today's conference call is hosted by Jay Lown, President and CEO; Julian Evans, the Chief Investment Officer; and Michael Hutchby, the Chief Financial Officer. Our efforts were effective in the fourth quarter to protect book value as investment markets remained in a challenging economic environment. High inflation and a well-supported U.S. employment market led the Fed to hike rates 125 basis points during the fourth quarter, and it appeared that the Fed was making ...