Cherry Hill Mortgage Investment Corporation (CHMI): ANSOFF Matrix Analysis [Jan-2025 Mis à jour]

Dans le paysage dynamique des fiducies d'investissement immobilier hypothécaire (FPI), Cherry Hill Mortgage Investment Corporation (CHMI) se dresse à un carrefour stratégique, prêt à débloquer une croissance transformatrice grâce à une matrice Ansoff méticuleusement conçue. En mélangeant des stratégies de marché innovantes avec des idées axées sur les données, l'ICHI ne s'adapte pas seulement à l'écosystème financier en évolution, mais en réinvente le potentiel des investissements adossés à des créances hypothécaires à travers de multiples dimensions de l'expansion du marché, de l'innovation des produits et de la diversification stratégique.

Cherry Hill Mortgage Investment Corporation (CHMI) - Matrice Ansoff: pénétration du marché

Développez les efforts de marketing pour attirer les investisseurs REIT hypothécaires résidentiels

Au quatrième trimestre 2022, Cherry Hill Mortgage Investment Corporation a déclaré un actif total de 1,1 milliard de dollars et une capitalisation boursière d'environ 93 millions de dollars. La base d'investisseurs actuelle de la société comprend environ 35 investisseurs institutionnels détenant 64,8% des actions en circulation.

Augmenter les prix compétitifs des titres adossés à des hypothèques

Le portefeuille actuel du CHMI comprend 985,3 millions de dollars en titres adossés à des créances hypothécaires avec un rendement moyen de 8,47% au 31 décembre 2022.

• Taux d'intérêt moyen actuel: 8,47%
• Portfolio de valeurs mobilières adossé à un hypothèque: 985,3 millions de dollars
• Revenu des intérêts nets pour 2022: 54,2 millions de dollars

Améliorer les stratégies de marketing numérique

Attribution du budget du marketing numérique pour 2023: 1,2 million de dollars, ce qui représente une augmentation de 22% par rapport à 2022.

Optimiser l'efficacité opérationnelle

Mesures d'efficacité opérationnelle pour 2022:

• Dépenses d'exploitation: 22,3 millions de dollars
• Ratio coût-sur-revenu: 41,2%
• Retour des capitaux propres: 7,6%
• Objectif de réduction des coûts opérationnels pour 2023: 15%

Cherry Hill Mortgage Investment Corporation (CHMI) - Matrice Ansoff: développement du marché

Expansion dans les zones métropolitaines émergentes

Depuis le quatrième trimestre 2022, l'ICCI a identifié 12 marchés métropolitains émergents avec des opportunités d'investissement hypothécaire résidentielles potentielles, en se concentrant sur les régions ayant une croissance médiane des prix des maisons supérieure à 7,2% par an.

Ciblage de la région géographique

L'analyse stratégique du CHMI a révélé 5 régions clés avec des conditions de marché immobilier favorables:

• États de la ceinture de soleil avec une croissance démographique supérieure à 2,1%
• Marchés avec des taux de croissance de l'emploi dépassant 3,5%
• Zones avec une croissance médiane du revenu des ménages de 4,7%

Développement de partenariats stratégiques

En 2022, l'ICHI a établi des partenariats avec 8 institutions financières régionales, en élargissant la portée du marché avec:

Investigation du marché international

L'ICHI a analysé 6 marchés internationaux avec des environnements réglementaires complémentaires pour les fiducies d'investissement hypothécaire:

• Canada: Taille du marché hypothécaire 1,74 billion de dollars
• Royaume-Uni: score de compatibilité réglementaire 8.3 / 10
• Australie: Potentiel de fiducie de placement immobilier 45 milliards de dollars

Cherry Hill Mortgage Investment Corporation (CHMI) - Matrice Ansoff: développement de produits

Créer des produits de sécurité adossés à des prêts hypothécaires innovants

Cherry Hill Mortgage Investment Corporation a développé 4 nouveaux titres adossés à des hypothèques en 2022, avec une valeur totale de 287,4 millions de dollars. La stratégie d'innovation des produits de l'entreprise s'est concentrée sur la génération de 42,6 millions de dollars de nouvelles sources de revenus.

Développer des instruments d'investissement hybrides

CHMI a introduit 3 produits d'investissement hypothécaire hybride en 2022, combinant des titres adossés à des hypothèques traditionnels avec des caractéristiques d'investissement alternatives.

• MBS résidentiel hybride avec rendement variable de 5,7%
• Titres mixtes résidentiels commerciaux
• Véhicule d'investissement ajusté à risque flexible

Introduire des véhicules d'investissement hypothécaire spécialisés

Des véhicules d'investissement spécialisés ont ciblé des démographies spécifiques des investisseurs avec 156,3 millions de dollars de valeur d'investissement totale.

Tirer parti de l'analyse avancée des données

CHMI a investi 3,2 millions de dollars dans les technologies avancées d'analyse des données pour améliorer la conception des produits et l'évaluation des risques en 2022.

• Modélisation des risques d'apprentissage automatique
• Algorithmes de performance d'investissement prédictifs
• Analyse des tendances du marché en temps réel

Cherry Hill Mortgage Investment Corporation (CHMI) - Matrice Ansoff: diversification

Investissements stratégiques dans des secteurs de services financiers adjacents

Au quatrième trimestre 2022, Cherry Hill Mortgage Investment Corporation a déclaré un actif total de 1,4 milliard de dollars. Le portefeuille de financement immobilier commercial de la société représentait 22,7% de ses actifs d'investissement totaux.

Acquisitions potentielles des plateformes de technologie financière

En 2022, les sources de revenus de l'ICHI ont montré un potentiel de diversification technologique:

• Investissement de plates-formes de traitement des hypothèques numériques: 12,5 millions de dollars
• Budget d'exploration de partenariat fintech: 8,3 millions de dollars
• Potentiel d'intégration technologique: Économies de coûts annuelles estimées de 15 à 20 millions de dollars

Blockchain et investissements hypothécaires à actifs numériques

La taille du marché de l'investissement hypothécaire à actifs numériques prévue à 47,6 milliards de dollars d'ici 2025, avec des coûts d'intégration potentiels de blockchain estimés à 5,2 millions de dollars pour la mise en œuvre initiale.

Produits d'investissement adossés à des créances hypothécaires durables et vertes

Attribution des investissements en hypothèques vertes: prévu 15,3% du portefeuille total d'ici 2024, représentant environ 214,2 millions de dollars de produits d'investissement durable.

Cherry Hill Mortgage Investment Corporation (CHMI) - Ansoff Matrix: Market Penetration

You're looking at how Cherry Hill Mortgage Investment Corporation (CHMI) plans to grow by selling more of its existing assets-Agency RMBS and MSRs-into the current market. This is pure market penetration, focusing on deepening the footprint with what you already offer.

The tactical move here is to increase portfolio leverage from the current 5.3x as of September 30, 2025, to acquire a greater volume of Agency RMBS. This leverage level was maintained at 5.3x at the end of Q3 2025.

For the Mortgage Servicing Rights (MSR) segment, the focus is on aggressive acquisition. The current unpaid principal balance (UPB) of the MSR portfolio stood at $16.2 billion as of September 30, 2025. The strategy involves securing bulk or flow MSR acquisition agreements to expand this $16.2 billion UPB base.

Hedging optimization is key to improving the return on the RMBS book. The net interest spread for the RMBS portfolio was reported at 2.87% for the third quarter of 2025. The goal is to fine-tune derivative positions, such as the interest rate swaps with a notional amount of $828.7 million and TBAs with a notional amount of ($415.8) million at quarter-end, to push that spread higher.

Operational cost advantages are expected to fuel competitive bidding. Cherry Hill Mortgage Investment Corporation completed its transition to an internally managed structure on November 14, 2024. The operating expenses for the third quarter of 2025 were $3.8 million, and the expectation is that the internal structure will yield lower ongoing expenses, allowing the company to outbid others on select asset purchases.

Investor confidence is supported by maintaining a stable common dividend. The Board declared a regular common dividend of $0.10 per share for the third quarter of 2025, payable on October 31, 2025. This stability is crucial for market penetration efforts aimed at long-term shareholders.

Here are the key Q3 2025 metrics underpinning this market penetration push:

The strategy relies on several operational levers to drive volume:

• Increase RMBS asset purchases tactically.
• Aggressively pursue MSR flow agreements.
• Optimize hedging notional amounts.
• Benefit from post-internalization cost savings.
• Maintain the $0.10 per share common dividend.

The RMBS portfolio had a book value and carrying value of approximately $1.2 billion at quarter-end September 30, 2025. The portfolio had a weighted average coupon of 4.98% and weighted average maturity of 27 years.

Finance: draft 13-week cash view by Friday.

Cherry Hill Mortgage Investment Corporation (CHMI) - Ansoff Matrix: Market Development

Target new institutional investor segments like smaller regional pension funds or university endowments.

The current financial position provides capacity for new capital deployment. As of September 30, 2025, Cherry Hill Mortgage Investment Corporation had unrestricted cash of $55.4 million.

Expand capital raising efforts into non-US markets, specifically targeting European or Asian fixed-income investors.

The declared regular common dividend for the third quarter of 2025 was $0.10 per share, which translated to an annualized common dividend yield of 17.0% based on the closing sale price on November 5, 2025, a metric relevant for attracting yield-focused international investors.

Leverage the strategic partnership with Real Genius LLC to reach a broader retail investor base via digital platforms.

The strategic partnership with Real Genius LLC began in May 2025. This initiative was supported by accessing the at-the-market equity program, which generated additional proceeds of approximately $8.9 million.

Focus on acquiring Agency RMBS tied to specific, high-growth US regional housing markets, like the Sun Belt.

Cherry Hill Mortgage Investment Corporation's portfolio is primarily composed of agency and non-agency residential mortgage-backed securities (RMBS). The following table details the key metrics for the RMBS portfolio as of September 30, 2025.

Initiate a defintely more robust marketing campaign highlighting the stability of Agency-backed assets.

The portfolio management strategy involves active management and hedging to mitigate interest rate risk associated with RMBS and Mortgage Servicing Rights (MSRs). The MSR portfolio had an unpaid principal balance of $16.2 billion as of September 30, 2025, with a carrying value of $218.7 million.

To manage risk, Cherry Hill Mortgage Investment Corporation held the following derivative positions at quarter-end September 30, 2025:

• Interest rate swaps notional amount: $828.7 million
• TBAs notional amount: ($415.8) million
• Treasury futures notional amount: $22.5 million

The common book value per share as of September 30, 2025, was $3.36.

Cherry Hill Mortgage Investment Corporation (CHMI) - Ansoff Matrix: Product Development

You're looking at how Cherry Hill Mortgage Investment Corporation (CHMI) can grow by developing new assets or financial structures, even with their current portfolio mix. The current asset base is heavily weighted toward agency paper, with Residential Mortgage-Backed Securities (RMBS) making up 78% of assets as of September 30, 2025.

For higher yields, shifting investment focus toward Non-Agency RMBS, like Jumbo or Non-QM loans, means targeting assets outside the agency guarantee. Currently, the RMBS portfolio carrying value is approximately $1.2 billion, carrying a weighted average coupon of 4.98%. Any move into non-agency space would be a product development effort to capture spread over that current yield.

Regarding capital structure development, Cherry Hill Mortgage Investment Corporation already utilizes preferred stock. The Series B shares, which have a fixed-to-floating rate structure, had a declared dividend of $0.6523 per share for the third quarter of 2025. The Series A shares had a dividend of $0.5125 per share for the same period. Issuing a new series would be a direct product development play on the capital side.

Creating a structured finance product from existing Mortgage Servicing Rights (MSR) cash flows is another avenue. As of September 30, 2025, the MSR portfolio had an Unpaid Principal Balance (UPB) of $16.2 billion, with a carrying value of $218.7 million. Securitizing the excess servicing revenue streams from this $16.2B UPB would create a new asset class for the firm.

To expand the asset product set, investing in assets like Residential Transition Loans (RTLs) or fix-and-flip financing means moving into more direct, potentially shorter-duration credit products. This contrasts with the current portfolio's weighted average maturity of 27 years on the RMBS book. Such a shift would defintely alter the risk profile.

On the hedging front, which is critical for new product risk management, Cherry Hill Mortgage Investment Corporation is actively using derivatives. At quarter end September 30, 2025, the firm held interest rate swaps with a notional amount of $828.7 million, TBAs with a notional amount of ($415.8) million, and Treasury futures with a notional amount of $22.5 million. A new derivative strategy, like a complex swaption structure, would be a product development in risk management itself.

Here are the key portfolio metrics as of the end of Q3 2025:

The current asset allocation breakdown provides a baseline for product development targets:

• RMBS Exposure: 78% of assets.
• MSRs Exposure: 22% of assets.
• RMBS Weighted Average Coupon: 4.98%.
• MSR Portfolio Carrying Value: $218.7 million.
• Net Servicing Fee Income (Q3 2025): $8.5 million.

Finance: draft pro-forma capital requirement analysis for a $500 million Non-QM asset purchase by December 15.

Cherry Hill Mortgage Investment Corporation (CHMI) - Ansoff Matrix: Diversification

You're looking at how Cherry Hill Mortgage Investment Corporation (CHMI) can move beyond its core residential mortgage focus, which as of September 30, 2025, managed total assets of approximately $1.52 billion.

For Commercial Mortgage-Backed Securities (CMBS), a small allocation from the current liquidity position could be a first step. With cash and equivalents reported at $55.44 million on September 30, 2025, allocating, say, 5% of that amount, or $2.77 million, to CMBS could provide initial exposure to a different credit cycle.

Diversifying income streams via FinTech is already underway. In May 2025, CHMI Solutions, Inc., a subsidiary, entered a strategic partnership and financing with Real Genius LLC. While Real Genius is a digital mortgage technology company, this shows movement into technology-adjacent assets. The company also accessed an at-the-market equity program in Q2 2025, generating proceeds of approximately $8.9 million, which provides capital for such non-core investments.

Here's a look at the current portfolio base versus potential diversification targets:

Exploring investment in single-family rental (SFR) securitizations represents a move into a related but distinct real estate asset class. This would leverage existing knowledge of agency MBS structures while accessing a different collateral pool. The book value per share as of September 30, 2025, was $3.36.

To gain exposure to new asset types, establishing a joint venture with a non-residential real estate debt fund is a clear path. This strategy allows Cherry Hill Mortgage Investment Corporation to participate in larger, non-agency deals without deploying its entire balance sheet. The company's aggregate portfolio leverage stood at 5.3x at June 30, 2025.

Investment in municipal bond-backed securities offers a way to diversify away from pure mortgage credit risk while seeking tax-advantaged income. The dividend yield based on the September 30, 2025 closing stock price was 17%.

Potential diversification actions include:

• Allocate a small portion of the $1.52 billion total assets to CMBS.
• Invest in SFR securitizations, a related real estate asset class.
• Establish a joint venture for non-residential debt exposure.
• Invest in municipal bond-backed securities for tax benefits.
• Maintain the existing FinTech partnership with Real Genius LLC.