walik/E+ via Getty ImagesThe mortgage REITs have finished reporting. Well, ARMOUR Residential REIT (ARR) is in a strange spot. They haven’t filed a 10-K. They did file a form indicating that they won’t be able to file their 10-K in a timely manner. However, we have the preliminary results and those should be good enough for the assessment. Today we finally got the update from Cherry Hill Mortgage (CHMI). CHMI’s book value per share was garbage. Book value per share fell over 9%. That compares negatively ...