Cherry Hill Mortgage Investment Corporation cites geopolitical volatility as a key driver for projected double-digit RMBS returns.
Cherry Hill Mortgage Investment Corporation (CHMI) expects levered residential mortgage-backed securities (RMBS) returns in the mid-to-high teens for Q1 2026. CEO Jeffrey Lown attributed the outlook to heightened market volatility driven by global geopolitical events during the quarter.
The projection follows a period of increased uncertainty, though specific prior returns or consensus estimates were not disclosed. RMBS performance has been influenced by shifting macroeconomic conditions and investor sentiment.
No immediate market reaction was detailed in the earnings call insights.