Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Financial Data on CHMI's Reportable Segments with Reconciliation

Summary financial data with respect to the Company’s reportable segments is given below, together with the data for the Company as a whole (dollars in thousands):

	Servicing Related Assets			RMBS			All Other			Total
Income Statement
Three Months Ended September 30, 2025
Interest income	$	54		$	15,589		$	-		$	15,643
Interest expense		(21)			12,364			-			12,343
Net interest income		75			3,225			-			3,300
Servicing fee income		10,764			-			-			10,764
Servicing costs		2,297			-			-			2,297
Net servicing income		8,467			-			-			8,467
Other income (expense) ^(A)		(5,470	)		2,276			-			(3,194	)
Other operating expenses ^(B)		(887	)		(665	)		(2,222	)		(3,774	)
Provision for corporate business taxes		(284	)		-			-			(284	)
Net other comprehensive income		-			2,561			-			2,561
Comprehensive income (loss)	$	1,901		$	7,397		$	(2,222	)	$	7,076

Three Months Ended September 30, 2024
Interest income	$	-		$	14,327		$	-		$	14,327
Interest expense		(57	)		14,275			-			14,218
Net interest income		57			52			-			109
Servicing fee income		11,681			-			-			11,681
Servicing costs		3,206			-			-			3,206
Net servicing income		8,475			-			-			8,475
Other expense^(A)		(6,574	)		(9,087	)		-			(15,661	)
Other operating expenses ^(B)		(1,001	)		(167	)		(3,914	)		(5,082	)
Provision for corporate business taxes		(285	)		-			-			(285	)
Net other comprehensive income		-			16,400			-			16,400
Comprehensive income (loss)	$	672		$	7,198		$	(3,914	)	$	3,956

Nine Months Ended September 30, 2025
Interest income	$	80		$	45,177		$	-		$	45,257
Interest expense		1,065			36,085			-			37,150
Net interest income (expense)		(985	)		9,092			-			8,107
Servicing fee income		32,670			-			-			32,670
Servicing costs		6,794			-			-			6,794
Net servicing income		25,876			-			-			25,876
Other expense ^(A)		(14,190	)		(8,233	)		-			(22,423	)
Other operating expenses ^(B)		(2,644	)		(2,096	)		(6,158	)		(10,898	)
Provision for corporate business taxes		(1,578	)		-			-			(1,578	)
Net other comprehensive income		-			9,731			-			9,731
Comprehensive income (loss)	$	6,479		$	8,494		$	(6,158	)	$	8,815

Nine Months Ended September 30, 2024
Interest income	$	6		$	40,739		$	-		$	40,745
Interest expense		874			40,502			-			41,376
Net interest income (expense)		(868	)		237			-			(631	)
Servicing fee income		36,921			-			-			36,921
Servicing costs		9,295			-			-			9,295
Net servicing income		27,626			-			-			27,626
Other income (expense) ^(A)		(13,681	)		2,536			-			(11,145	)
Other operating expenses ^(B)		(2,774	)		(482	)		(10,546	)		(13,802	)
Provision for corporate business taxes		(1,652	)		-			-			(1,652	)
Net other comprehensive income		-			6,070			-			6,070
Comprehensive income (loss)	$	8,651		$	8,361		$	(10,546	)	$	6,466

(A)	Included in other income (expense) are realized and unrealized gains (losses) on Servicing Related Assets, RMBS and derivatives.

(B)	Included in other operating expenses are general and administrative expenses, compensation and benefits and management fee to CHMM.

	Servicing Related Assets		RMBS		All Other		Total
Balance Sheet
September 30, 2025
Investments	$	218,688	$	1,191,478	$	-	$	1,410,166
Other assets		26,324		29,411		55,586		111,321
Total assets		245,012		1,220,889		55,586		1,521,487
Debt		147,359		1,107,141		-		1,254,500
Other liabilities		2,497		21,300		7,731		31,528
Total liabilities		149,856		1,128,441		7,731		1,286,028
Net Assets	$	95,156	$	92,448	$	47,855	$	235,459

	Servicing Related Assets		RMBS		All Other		Total
Balance Sheet
December 31, 2024
Investments	$	233,658	$	1,122,420	$	-	$	1,356,078
Other assets		28,874		59,159		47,064		135,097
Total assets		262,532		1,181,579		47,064		1,491,175
Debt		151,226		1,077,257		-		1,228,483
Other liabilities		4,290		15,010		9,770		29,070
Total liabilities		155,516		1,092,267		9,770		1,257,553
Net Assets	$	107,016	$	89,312	$	37,294	$	233,622