Cherry Hill Mortgage Investment (CHMI) - 2021 Q2 - Earnings Call Presentation

Financial Results - Book value per common share was $9.63, representing an 11.1% decrease net of the Q2 2021 dividend[4] - Core earnings per share were $0.28[4] - A dividend of $0.27 per share was declared and paid[4, 5] - The company experienced an 8.6% total quarterly economic loss[4] Portfolio Update - The aggregate portfolio leverage ratio was 3.6x[4] - The net interest spread for RMBS was 2.32%[4] - The CPR for RMBS was 17.6%[4] - The net CPR for MSRs was 26.8%[4] MSR Portfolio - Approximately $1.6 billion in MSR UPB was acquired during the quarter[5, 10] - The recapture rate on MSRs increased by approximately 13% in the quarter, rising from 24.5% in Q1 to 27.6% in Q2[5] - Active forbearance fell from approximately 3.6% of the loan servicing portfolio in late April to approximately 2.9% in mid-July[5]