Cherry Hill Mortgage Investment Corporation (CHMI) Q2 2025 Earnings Call Transcript

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET

Company Participants

Apeksha Patel – Interim CFO, Controller, Treasurer & Secretary
Jeffrey B. Lown – President, CEO & Director
Julian B. Evans – Chief Investment Officer

Conference Call Participants

Mikhail Goberman – Citizens JMP Securities, LLC, Research Division
Timothy Egan D’Agostino – B. Riley Securities, Inc., Research Division
Peter Sceusa – Unidentified Company

Operator

Good afternoon, and welcome to the Cherry Hill Mortgage Investment Corporation Second Quarter 2025 Earnings Call. I am Frans, and I’ll be the operator assisting you today.

[Operator Instructions]

I would be now like to turn the call over to Peter Sceusa with ICR. Please go ahead.

Peter Sceusa

We’d like to thank you for joining us today for Cherry Hill Mortgage Investment Corporation’s Second Quarter 2025 Conference Call.

In addition to this call, we have issued a press release that was distributed earlier this afternoon and posted that press release and second quarter 2025 investor presentation to the Investor Relations section of our website at www.chmireit.com.

On today’s call, management’s prepared remarks and answers to your questions may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those discussed today.

Examples of forward-looking statements include those related to interest income, financial guidance, IRRs, future expected cash flows as well as prepayment and recapture rates, delinquencies and non-GAAP financial measures such as earnings available for distribution, or EAD, and comprehensive income.

Forward-looking statements represent management’s current estimates, and Cherry Hill assumes no obligation to update any forward- looking statements in the future.

We encourage listeners to review the more detailed discussions related to these forward-looking statements contained in the company’s filings with the SEC and the definitions contained in the