Company: CHMI-PB
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001140361-25-017536
Chunk: 17

Company: Cherry Hill Mortgage Investment Corp
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 17
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 fair value through earnings for the three-month period ended March 31, 2025 was $14.8 million as compared to a loss of $8.3 million for the
            three-month period ended March 31, 2024. The increase of $23.1 million in unrealized gain on RMBS measured at fair value through earnings was due to a drop in interest rates during the quarter.

          Unrealized Gain (Loss) on Derivatives

          Unrealized loss on derivatives for the three-month period ended March 31, 2025 was approximately $22.7 million as compared to a gain of $21.8 million for the three-month period
            ended December 31, 2024. The increase of $44.5 million in unrealized loss on derivatives was primarily due to changes in interest rates and the composition of our derivatives relative to the prior period.

          Unrealized loss on derivatives for the three-month period ended March 31, 2025 was approximately $22.7 million as compared to a gain of $12.3 million for the three-month period
            ended March 31, 2024. The increase of $35.0 million in unrealized loss on derivatives was primarily due to changes in interest rates and the composition of our derivatives relative to the prior period.

          Unrealized Loss on Investments in Servicing Related Assets

          Unrealized loss on our investments in Servicing Related Assets for the three-month period ended March 31, 2025 was approximately $6.3 million as compared to a gain of $6.9
            million for the three-month period ended December 31, 2024. The increase of $13.2 million in unrealized loss on our investments in Servicing Related Assets was primarily due to changes in valuation inputs or assumptions and paydown of
            underlying loans.

          Unrealized loss on our investments in Servicing Related Assets for the three-month period ended March 31, 2025 was approximately $6.3 million as compared to $3.3 million for the
            three-month period ended March 31, 2024. The increase of $3.0 million in unrealized loss on our investments in Servicing Related Assets was primarily due to changes in valuation inputs or assumptions and paydown of underlying loans.

          General and Administrative Expense

          General and administrative expense was $2.1 million for three-month period ended March 31, 2025 as compared to $2.5 million for the three