- Freshly gone public and largely ignored, Cherry Hill Mortgage Investment (CHMI +3.1%) is having a big day as SA Pro author Steven Reiman says the valuation placed on the mortgage servicer is roughly 40% less than that of a close competitor, New Residential (NRZ -0.5%).
- The full article is embargoed to all except Pro subscribers until tomorrow morning.
- Hedge fund Boston Provident - which focuses on financial services firms - last week disclosed a 6.8% stake in Cherry Hill.
Cherry Hill Mortgage gets notice; jumps more than 3%
Jan 2 2014, 15:27 ET