Cherry Hill Mortgage Investment Corporation
CHMI
$2.42
-$0.08-3.20%
NYSE
Corporate Info
Website
Phone Number
877 870 7005
Address
4000 Route 66
Suite 310
Tinton Falls, NJ 07753
Suite 310
Tinton Falls, NJ 07753
Country
United States
Year Founded
2012
Details
Sector
Financials
Industry
Financial Services
Employees
Business Description
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests, and manages residential mortgage assets in the United States. It operates in two segments, Investments in RMBS and Investments in Servicing Related Assets. The trust qualifies as a real estate investment trust for federal income tax purposes. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Tinton Falls, New Jersey.