Cherry Hill Mortgage Investment Corporation Acquires First MSR Portfolio – NMP Skip to main content

Cherry Hill Mortgage Investment Corporation Acquires First MSR Portfolio

Nov 03, 2015
Cherry Hill Mortgage Investment Corporation has reported that it had acquired mortgage servicing rights (MSRs) from an unaffiliated third party on a portfolio of mortgage loans

Cherry Hill Mortgage Investment Corporation has 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 percent of the mortgage loans by principal balance are owned or have been securitized by Fannie Mae. The remaining mortgage loans are owned or have been securitized by Freddie Mac. The underlying mortgaged properties are located in all 50 states as well as the District of Columbia.

“We are pleased to accomplish our first MSR portfolio acquisition which represents a milestone for our company and a significant step forward in becoming a more servicing-centric business,” said Jay Lown, president and CIO of Cherry Hill Mortgage Investment Corporation.

Cherry Hill Mortgage Investment Corporation is externally managed and advised by Cherry Hill Mortgage Management LLC, an affiliate of Freedom Mortgage Corporation.

About the author
Published
Nov 03, 2015
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026
President Trump Cancels 21st Century ROAD To Housing Act

Trump cancels signing the bipartisan housing bill, leaving affordability package in limbo

Jun 24, 2026
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Jun 18, 2026
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Jun 18, 2026
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Jun 17, 2026