3 High Yield Mortgage REITs Running Very Different Playbooks
Not all mortgage REITs offering double-digit yields are running the same play, and confusing one for another right now carries real consequences for income investors.
Headquartered in Tinton Falls, NJ Fiscal year ends December NYSE: CHMI chmireit.com
Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in, and manages residential mortgage assets in the United States. The company's portfolio consists primarily of residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSRs). It generates income through net interest income on its RMBS portfolio and net servicing fee income from its MSR investments. The company hedges interest rate and duration risk using interest rate swaps, TBA dollar rolls, Treasury futures, and Eris SOFR swap futures. Cherry Hill operates as a real estate investment trust (REIT) and trades on the NYSE under the ticker CHMI. On August 9, 2026, the company entered into a definitive merger agreement to be acquired by TPG Mortgage Investment Trust, Inc. (NYSE: MITT), a residential mortgage REIT managed by an affiliate of TPG Inc. Updated
Not all mortgage REITs offering double-digit yields are running the same play, and confusing one for another right now carries real consequences for income investors.
A yield pushing 20% on a mortgage REIT sounds like a gift until you check what is actually funding it. These three high-yielders have coverage cracks, rising leverage, and dividend histories that…
Founded in 2012, Cherry Hill Mortgage Investment Corporation, a prominent real estate finance company (NYSE:CHMI) is flashing a 15.04% annualized dividend yield at a stock price of $2.66, trading at a meaningful…
How can you leverage your savings into a more secure financial future? Dividends can be a key component of your wealth-building plan, and you can start today by investing just $2,500 per…
Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in, and manages residential mortgage assets in the United States. The company's portfolio consists primarily of residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSRs).
The Wall Street consensus 12-month price target for CHMI is $3.10.