Cherry Hill Mortgage Investment Names Susan Healey as General Counsel
Cherry Hill Mortgage Investment appoints Susan Healey as General Counsel, strengthening legal leadership amid growth. #CherryHillMortgage #LegalLeadership
Executive Summary
Cherry Hill Mortgage Investment Corporation, a real estate investment trust (REIT) specializing in residential mortgage-backed securities, has announced the appointment of Susan Healey as its new General Counsel. This strategic hire aims to bolster the company’s legal and regulatory capabilities as it navigates a complex and evolving mortgage market.
Company Overview
Cherry Hill Mortgage Investment focuses on investing in residential mortgage-backed securities (RMBS) and related assets. The company seeks to generate attractive risk-adjusted returns through active portfolio management and market expertise.
About Susan Healey
Susan Healey brings extensive legal experience in financial services and real estate sectors. Her background includes leadership roles in compliance, corporate governance, and regulatory affairs, making her well-suited to guide Cherry Hill through regulatory challenges and strategic initiatives.
Recent Financial Highlights (2021-2024)
| Fiscal Year | Net Investment Income (USD Millions) | Net Asset Value (USD Millions) | Dividend per Share (USD) |
|---|---|---|---|
| 2021 | 45 | 600 | 1.20 |
| 2022 | 50 | 620 | 1.25 |
| 2023 | 52 | 630 | 1.30 |
| 2024 (Projected) | 55 | 650 | 1.35 |
Strategic Implications
The appointment of Susan Healey as General Counsel is expected to enhance Cherry Hill’s legal oversight and risk management capabilities. Her expertise will support the company’s compliance with regulatory requirements and facilitate strategic growth initiatives.
Risks and Considerations
- Regulatory changes impacting mortgage-backed securities.
- Market volatility affecting portfolio valuations.
- Legal and compliance risks in a dynamic financial environment.
Conclusion
Cherry Hill Mortgage Investment’s addition of Susan Healey as General Counsel strengthens its leadership team and positions the company to effectively manage legal and regulatory challenges. Stakeholders should view this as a positive step toward sustained operational excellence.