Apeksha Patel
on May 27, 2025, the Company’s Board of Directors appointed Apeksha Patel as the Company’s Interim Chief Financial Officer, Treasurer and Secretary effective as of June 22, 2025.
Highest-materiality recent filing
Cherry Hill Mortgage annual meeting; board re-elected, charter amendment rejected by shareholders
Re-elected all five director nominees: Jeffrey B. Lown II, Joseph Murin, Robert C. Mercer Jr., Sharon Lee Cook, Dale Hoffman.
Cherry Hill Q1 2026 GAAP net loss $2.0M; EAD $5.3M; book value $3.23
GAAP net loss applicable to common stockholders of $2.0M ($0.05 per diluted share).
Cherry Hill Mortgage adopts 2026 exec comp plan with three-year LTIP
CEO Jay Lown base salary $900k; CIO Julian Evans $550k; CFO Apeksha Patel $400k.
Cherry Hill Q4 2025 GAAP net income $5.3M ($0.14/share); book value $3.44, EAD $0.11/share
GAAP net income applicable to common stockholders $5.3M ($0.14/diluted share), up from $1.96M in Q3 2025.
Cherry Hill Q3 2025 GAAP net income $2.0M, book value $3.36 per share
GAAP net income applicable to common stockholders $2.0M ($0.05 per share); EAD $3.3M ($0.09 per share).
Cherry Hill Mortgage appoints Apeksha Patel as permanent CFO and Treasurer
Appointment effective August 22, 2025; Patel had served as Interim CFO since June 22, 2025.
Cherry Hill Q2 GAAP net loss $0.03/sh, EAD $0.10/sh; book value $3.34
GAAP net loss applicable to common $0.9M ($0.03/sh) vs prior quarter loss $9.3M ($0.29/sh).
Cherry Hill Mortgage Investment Corporation Appoints Susan Healey as General Counsel
Susan Healey appointed General Counsel effective July 29, 2025, reporting to CEO.
Jeffrey B. Lown II re-elected with 7,026,882 votes for, 2,254,411 withheld, 11,218,417 broker non-votes.
Cherry Hill Mortgage appoints Apeksha Patel as interim CFO as Michael Hutchby departs
CFO Michael Hutchby resigns effective June 22, 2025 to pursue other opportunities; no disagreement with company.
Cherry Hill Q1 GAAP loss $9.3M ($0.29/sh); EAD $0.17/sh
GAAP net loss applicable to common stockholders of $9.3M, or $0.29 per share, versus prior quarter net income of $9.1M.
Cherry Hill Mortgage adds director Dale Hoffman, adopts executive severance plan
Board expanded from 4 to 5; Dale S. Hoffman appointed as independent director, effective March 11, 2025.
Cherry Hill Q4 GAAP EPS $0.29, EAD $0.10; book value $3.82, dividend $0.15
GAAP net income applicable to common stockholders $9.1M ($0.29 diluted) for Q4 2024; prior quarter net loss $14.8M.
Cherry Hill Mortgage internalizes management, terminates external manager, hires execs
Management agreement terminated Nov 14, 2024; no termination fee; no future management fees to external manager.
Cherry Hill Q3 GAAP net loss $14.8M ($0.49 EPS); EAD $0.08; book value $4.02
GAAP net loss applicable to common stockholders $14.8M ($0.49 per share) vs. $1.9M loss ($0.06) in Q2 2024.
Cherry Hill revises Series B preferred dividend to $0.7152; additional $0.0096 for Q2
Revised Series B Preferred Stock dividend from $0.6986 to $0.7152 per share for Q3 2024.
Cherry Hill Mortgage files to sell up to $54.8M in common stock via ATM
Up to $54.8 million of common stock offered through at-the-market program.
Cherry Hill Mortgage ups ATM offering to $150M, adds BTIG as sales agent
Aggregate offering price increased from $100M to $150M; ~$95.2M already sold prior to August 9, 2024.
Cherry Hill Q2 GAAP net loss $0.06/shr; EAD $0.08/shr; book value $4.15; internalization approved
GAAP net loss applicable to common $1.9M ($0.06/shr); prior Q GAAP net income $9.7M ($0.32/shr).
Cherry Hill Mortgage Board authorizes internalization, termination of external management agreement
Board authorized internalizing management and terminating the management agreement with Cherry Hill Mortgage Management, LLC.
Cherry Hill Mortgage annual meeting: directors re-elected, charter amendment fails
Re-elected directors Lown, Murin, Mercer, Cook; each received over 8.3M votes for, ~2.4M withheld, 9M broker non-votes.
Cherry Hill Q1 GAAP net income $0.32/sh; EAD $0.13/sh; book value $4.49
GAAP net income applicable to common stockholders of $9.7M ($0.32/share) vs. loss of $35.5M in Q4 2023.
Cherry Hill Q4 2023 GAAP net loss $35.5M, EAD $0.17/share; book value $4.53
GAAP net loss of $35.5M ($1.29 per share) vs Q3 profit of $13.1M ($0.49 per share).
Cherry Hill posts Q3 GAAP net income $13.1M ($0.49/sh) vs prior loss; BV $4.99
GAAP net income of $13.1M ($0.49 diluted) vs prior quarter net loss of $0.03/sh.
Cherry Hill Q2 GAAP net loss $0.03/share; EAD $0.16/share; book value $5.19
GAAP net loss of $0.9M ($0.03/share) vs EAD of $4.2M ($0.16/share); common book value $5.19 at June 30.
Re-elected Jeffrey B. Lown II (4,741,610 votes for), Joseph Murin, Robert C. Mercer Jr.; elected new director Sharon Lee Cook (4,722,851 votes for).
Cherry Hill Mortgage to propose charter amendment giving stockholders power to amend bylaws
Board adopted amended bylaws to allow stockholders to amend, repeal, or adopt new bylaws without board approval.
Cherry Hill Q1 GAAP net loss $21.4M ($0.87/share); EAD $0.21/share
GAAP net loss applicable to common stockholders $21.4M; diluted EPS -$0.87.
Cherry Hill Mortgage amends bylaws: stockholders gain amendment power, adopts Rule 14a-19
Stockholders may now amend, repeal, or adopt bylaws by majority vote without board approval.
Cherry Hill Mortgage appoints Sharon Lee Cook to Board, regains NYSE audit compliance
Sharon Lee Cook appointed to Board to fill vacancy created by the passing of Regina Lowrie.
Cherry Hill Mortgage Q4 GAAP net loss $34.5M ($1.59/share); EAD $0.24/share
GAAP net loss applicable to common stockholders of $34.5M, or $1.59 per diluted share for Q4 2022.
Director death reduces audit committee below NYSE minimum; CHMI non-compliant
Board member Regina Lowrie passed away on January 1, 2023.
Cherry Hill Mortgage increases ATM offering capacity by $50M to $100M total
Amended at-market issuance sales agreements with JMP Securities and B. Riley Securities.
Cherry Hill Q3 GAAP net income $38.3M ($1.90/share); EAD $0.26/share; book value $6.05
GAAP net income applicable to common stockholders of $38.3M, or $1.90 diluted EPS; EAD of $5.1M, or $0.26 per share.
Cherry Hill Q2 GAAP net loss $0.92/sh; EAD $0.28/sh covers $0.27 dividend; BV $6.73
GAAP net loss applicable to common stockholders of $17.6M, or $0.92 per diluted share.
Cherry Hill Mortgage annual meeting elects all four director nominees; advisory vote passes
Jeffrey B. Lown II, Joseph Murin, Regina Lowrie, Robert C. Mercer Jr. elected to board.
Cherry Hill Q1 2022: GAAP EPS $1.40, EAD $0.34, book value $7.27, dividend $0.27
GAAP net income applicable to common stockholders of $25.6M ($1.40/diluted share).
Cherry Hill Q4 GAAP EPS $0.23, EAD $0.32, book value $8.56
GAAP net income applicable to common stockholders of $4.1M, or $0.23 per diluted share.
Cherry Hill Q3 2021 GAAP net loss $6.2M ($0.36/shr); EAD $0.25/shr vs $0.48 YoY
GAAP net loss applicable to common stockholders of $6.2M ($0.36/shr) vs $3.2M loss a year ago.
Cherry Hill Mortgage updates ATM program with new prospectus for up to $30.4M in common stock sales
Amended ATM sales agreements with JMP Securities and B. Riley Securities.
Cherry Hill Q2 2021 GAAP net loss $0.81/sh; core earnings $0.28 cover dividend
GAAP net loss applicable to common stockholders of $13.8M ($0.81/sh); core earnings of $4.7M ($0.28/sh).
on May 27, 2025, the Company’s Board of Directors appointed Apeksha Patel as the Company’s Interim Chief Financial Officer, Treasurer and Secretary effective as of June 22, 2025.
Michael A. Hutchby, the Chief Financial Officer, Treasurer and Secretary, of Cherry Hill Mortgage Investment Corporation (the “Company”), notified the Company that he is resigning as an officer of the Company and that he will no longer be employed by the Company effective as of June 22, 2025.
On March 11, 2025, the Board of Directors (the “Board”) of Cherry Hill Mortgage Investment Corporation (the “Company”) increased the size of the Board from four directors to five directors and appointed Dale S. Hoffman as a director.
the Company employed a senior management team comprised of its current executive officers, Jeffrey B. Lown II, the Company’s President and Chief Executive Officer, Michael A. Hutchby, the Company’s Chief Financial Officer, and Julian B. Evans, the Company’s Chief Investment Officer.
the Company employed a senior management team comprised of its current executive officers, Jeffrey B. Lown II, the Company’s President and Chief Executive Officer, Michael A. Hutchby, the Company’s Chief Financial Officer, and Julian B. Evans, the Company’s Chief Investment Officer.
the Company employed a senior management team comprised of its current executive officers, Jeffrey B. Lown II, the Company’s President and Chief Executive Officer, Michael A. Hutchby, the Company’s Chief Financial Officer, and Julian B. Evans, the Company’s Chief Investment Officer.
to serve out the term of Ms. Regina Lowrie who passed away on January 1, 2023.
On March 8, 2023, Ms. Sharon Lee Cook was appointed to the Board of Directors (the “Board”) of Cherry Hill Mortgage Investment Corporation (the “Company”) to serve out the term of Ms. Regina Lowrie who passed away on January 1, 2023.
Max materiality 0.75 · Median 0.55 · Most common event earnings