Cherry Hill Mortgage Investment: One Preferred Is Better Than The Other
Better Home & Finance pany(BETR) Seeking Alpha·2024-03-12 19:04
Andrii YalanskyiCherry Hill Mortgage Investment Corporation (CHMI) is an mREIT that earns income through the investment of mortgages. Like its peers, the company utilizes leverage (borrowing) to invest in and earn income from its assets. Since I last wrote about Cherry Hill two years ago, the restrictive rate regime put into place by the Federal Reserve has created a challenging environment for the company, but I believe that income investors can earn a great return with an investment in Cherry Hill’s B ...