Company: CHMI-PB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001140361-25-040783
Chunk: 15

Company: Cherry Hill Mortgage Investment Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 15
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30, 2025 was $37.2 million as compared to $41.4 million for the nine-month period ended September 30, 2024. The decrease of $4.2
            million in interest expense was due to a decrease in financing rates combined with a decrease in notes payable.

          Servicing Fee Income

          Servicing fee income for the three-month period ended September 30, 2025 was $10.8 million as compared to $10.9 million for the three-month period ended June 30, 2025. The nominal decrease in
            servicing fee income was due to changes in the size of the portfolio.

          Servicing fee income for the nine-month period ended September 30, 2025 was $32.7 million as compared to $36.9 million for the nine-month period ended September 30, 2024. The decrease of $4.2
            million in servicing fee income was due to changes in the size of the portfolio.

          Servicing Costs

          Servicing costs for the three-month period ended September 30, 2025 were $2.3 million as compared to $2.0 million for the three-month period ended June 30, 2025. The increase of $300,000 in
            servicing costs was due to a reimbursement of deboarding fees incurred in the second quarter.

            57

          Servicing costs for the nine-month period ended September 30, 2025 were $6.8 million as compared to $9.3 million for the nine-month period ended September 30, 2024. The decrease of $2.5 million
            in servicing costs was due to changes in the size of the portfolio and a one-time loan level interest adjustments and deboarding fees related to the MSR sale incurred during the nine-month period ended September 30, 2024.

          Realized Loss on RMBS, Net

          Realized loss on RMBS for the three-month period ended September 30, 2025 was $0 as compared to $2.1 million for the three-month period ended June 30, 2025. The decrease of $2.1 million in
            realized loss on RMBS was due to the timing and volume of RMBS sales.

          Realized loss on RMBS for the nine-month period ended September 30, 2025 was approximately $6.0 million as compared to $5.5 million for the nine-month period ended September