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Cherry Hill Mortgage Investment Corporation Acquires First MSR Portfolio (Cherry Hill Mortgage Investment Corporation)

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(Source: Cherry Hill Mortgage Investment Corporation) MOORESTOWN, N.J.--(BUSINESS WIRE)--Nov. 2, 2015-- Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) (“Cherry Hill” or the “Company”), today reported that it had acquired mortgage servicing rights (“MSRs”) from an unaffiliated third party on a portfolio of mortgage loans with an aggregate unpaid principal balance of approximately $1.4 billion. Approximately 95% of the mortgage loans by principal balance are...

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