Joseph Murin - Cherry Hill Lead Independent Director

CHMI Stock  USD 2.68  0.13  5.10%   

Director

Mr. Joseph J. Murin is an Independent Director of Cherry Hill Mortgage Investment Corporationration Since September 2009, Mr. Murin has served as the Chairman of The Collingwood Group LLC. Since September 2012, Mr. Murin has served as President of NewDay Financial LLC, a mortgage lender that provides homeowners with FHA, VA and reverse mortgage loans, and as Chairman of the Board of Directors of Chrysalis Holdings, LLC, a private investment firm focused on building and growing successful businesses that provide home financing, data analytics and technology solutions in the mortgage banking and financial services industries. From October 2001 to October 2007, Mr. Murin served, and since December 2009, he has served, as a director of the Point Park University. From July 2011 to August 2012, Mr. Murin served as the Chief Executive Officer of National Real Estate Information Services, a portfolio company owned by funds managed by affiliates of Fortress Investment Group, LLC. President George W. Bush nominated Mr. Murin in October 2007 to serve as President of Ginnie Mae, a position which he held from July 2008 to August 2009. He also served as a consultant to the White House until he was confirmed by the U.S. Senate from January 2008 until May 2008. Prior to his nomination to serve as President of Ginnie Mae, Mr. Murin was with HUD for two years, to which he brought more than 40 years of diverse experience in the financial services, mortgage and banking industries. This experience includes having served as the Chief Executive Officer of a number of financial organizations such as Century Mortgage Co. from September 1986 to January 1989, Lenders Service Inc. from May 1991 to December 2001, and Mortgage Settlement Network Innovations from September 2004 to August 2007. Mr. Murin served as a director for iGATE Corporation from August 2009 to April 2013 since 2013.
Age 70
Tenure 11 years
Address 1451 Route 34, Farmingdale, NJ, United States, 07727
Phone877 870 7005
Webhttps://www.chmireit.com
Murin holds a bachelor’s degree in business from National Louis University.

Joseph Murin Latest Insider Activity

Tracking and analyzing the buying and selling activities of Joseph Murin against Cherry Hill stock is an integral part of due diligence when investing in Cherry Hill. Joseph Murin insider activity provides valuable insight into whether Cherry Hill is net buyers or sellers over its current business cycle. Note, Cherry Hill insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cherry Hill'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Cherry Hill Management Efficiency

The Cherry Hill's current Return On Tangible Assets is estimated to increase to -0.03. The Cherry Hill's current Return On Capital Employed is estimated to increase to -0.09. As of now, Cherry Hill's Debt To Assets are increasing as compared to previous years. Cherry Hill's management efficiency ratios could be used to measure how well Cherry Hill manages its routine affairs as well as how well it operates its assets and liabilities.
Cherry Hill Mortgage currently holds 1.1 B in liabilities with Debt to Equity (D/E) ratio of 4.27, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Cherry Hill Mortgage has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Cherry Hill's use of debt, we should always consider it together with its cash and equity.

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Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey. Cherry Hill operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. Cherry Hill Mortgage (CHMI) is traded on New York Stock Exchange in USA. It is located in 1451 Route 34, Farmingdale, NJ, United States, 07727 and employs 9 people. Cherry Hill is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

Cherry Hill Mortgage Leadership Team

Elected by the shareholders, the Cherry Hill's board of directors comprises two types of representatives: Cherry Hill inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cherry. The board's role is to monitor Cherry Hill's management team and ensure that shareholders' interests are well served. Cherry Hill's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cherry Hill's outside directors are responsible for providing unbiased perspectives on the board's policies.
Julian Evans, Chief Investment Officer
Raymond Slater, Senior Manager
Robert Mercer, Independent Director
Joseph Murin, Lead Independent Director
Regina Lowrie, Independent Director
Michael Hutchby, Chief Financial Officer, Treasurer, Secretary
Jeffrey Lown, President Chief Investment Officer, Director
Robert Wipperman, General Counsel
Jeffrey II, CEO President

Cherry Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cherry Hill a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Cherry Hill Mortgage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cherry Hill's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cherry Hill Mortgage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cherry Hill Mortgage Stock:
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Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cherry Hill. If investors know Cherry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cherry Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Earnings Share
(1.58)
Revenue Per Share
0.863
Quarterly Revenue Growth
0.199
Return On Assets
(0)
The market value of Cherry Hill Mortgage is measured differently than its book value, which is the value of Cherry that is recorded on the company's balance sheet. Investors also form their own opinion of Cherry Hill's value that differs from its market value or its book value, called intrinsic value, which is Cherry Hill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cherry Hill's market value can be influenced by many factors that don't directly affect Cherry Hill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cherry Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cherry Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cherry Hill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.