Name | Value |
---|---|
Revenues | 16.3M |
Cost of Revenue | 2.6M |
Gross Profit | 13.7M |
Operating Expense | 1.8M |
Operating I/L | -0.2M |
Other Income/Expense | 13.0M |
Interest Income | 12.7M |
Pretax | 12.8M |
Income Tax Expense | 0.7M |
Net Income/Loss | 11.8M |
Cherry Hill Mortgage Investment Corporation is a residential real estate finance company that acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes, allowing it to avoid federal corporate income taxes by distributing at least 90% of its taxable income to its stockholders.