Perawit Boonchu Investment Thesis Recently, I've found mREITs across the board to be very cheap, as rising interest rates have crushed the stock prices of many like Cherry Hill Mortgage Investment (NYSE:CHMI). However, I believe we are now seeing the bottom for mREITs and Cherry Hill stood out as a solid performer selling at a modest discount to book value with dividends that seem well-covered. Investors who like mREITs should look to Cherry Hill as a source of opportunity due to its focus on residentia ...