Cherry Hill Mortgage Investment Corporation Common Stock (CHMI)

Competitors to Cherry Hill Mortgage Investment Corporation Common Stock (CHMI)

Altisource Residential Corporation

Altisource Residential Corporation (RESI) competes with Cherry Hill Mortgage Investment Corporation (CHMI) principally through its focus on single-family rental properties and related mortgage investments. RESI's strategy of acquiring and managing single-family homes for rental income differentiates it from CHMI, which focuses on investments in mortgage-backed securities. By engaging in physical real estate through a rental model, RESI can offer cash flows that differ from those generated by mortgage investments. This provides RESI a potential competitive advantage in tapping into the residential rental market's higher income-generating capabilities compared to CHMI’s more passive investment strategies.

Invesco Mortgage Capital Inc. 

Invesco Mortgage Capital Inc. (IVR) competes with Cherry Hill Mortgage Investment Corporation (CHMI) through a focus on investing in a diversified portfolio of mortgage-related assets, which includes both agency and non-agency securities. IVR has a more extensive scale and management resources, allowing it to pursue various strategies that can hedge against market fluctuations more effectively than CHMI. Furthermore, IVR often has a broader investor base due to its scale and operational history, providing it with a distinct advantage, particularly during volatile market conditions.

New York Mortgage Trust, Inc. 

New York Mortgage Trust, Inc. (NYMT) and Cherry Hill Mortgage Investment Corporation (CHMI) compete primarily in the market for mortgage-backed securities and agency securities. NYMT focuses on a diversified portfolio that includes both agency and non-agency mortgage-backed securities, which allows it to capture value in both segments of the mortgage market. In contrast, CHMI primarily focuses on agency-backed securities, which generally have lower yields but perceived lower risk. This gives NYMT a competitive edge in terms of potential yield generation but introduces higher credit and interest rate risk.

Ready Capital Corporation 

Ready Capital Corporation (RC) competes with Cherry Hill Mortgage Investment Corporation (CHMI) in the mortgage investment space, particularly focusing on real estate and residential loans. RC operates in the non-agency mortgage market as well as providing financing solutions to small businesses, giving it a versatile business model. While CHMI is more focused on agency-backed securities and typically targets a more conservative investor base, RC's broader investment strategy allows it to cater to diverse investor needs, which can provide it with a competitive advantage in appealing to growth-oriented investors.