CHMI — what changed in the latest 10-Q
A section-by-section comparison of CHMI's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-10 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +22 | −17 | ~37 | 81 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 14 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | Some risk factors updated | +28 | −1 | 0 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-10
In September 2019, the Company initiated a share repurchase program that allows for the repurchase of up to an aggregate of $10.0 million of its common stock. As of June 30, 2026, approximately $4.7 million was remaining under the share repurchase program. Shares may be repurchased from time to time…
Since September 2025, the Federal Reserve has reduced its federal funds rate target by a cumulative 75 basis points to a range of 3.50% to 3.75%. During the first half of 2026, the Federal Open Market Committee maintained a target range at 3.50% to 3.75%, citing continued moderation in inflation, a …
Effective December 1, 2025, the Federal Reserve ceased reducing its balance sheet. Since 2022, the Federal Reserve had been allowing a set amount of Treasury securities and Agency RMBS on its balance sheet to roll off each month without reinvestment. Prior to December 1, 2025, the Federal Reserve’s …
On May 13, 2026, the U.S. Senate confirmed Kevin Warsh to serve as Chairman of the Federal Reserve. Mr. Warsh succeeded Jerome Powell upon the expiration of Mr. Powell’s term as Chair in May 2026, although Mr. Powell remains a member of the Board of Governors, with his term extending into 2028. A ch…
To the extent the Federal Reserve takes future action to ease monetary policy by reducing its federal funds rate and/or purchasing securities and increasing its balance sheet, it will generally lower interest rates across asset classes, including for Agency RMBS. Lower rates could reduce our funding…
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Prior to January 29, 2024, the Company had an at-the-market offering program for its Series A Preferred Stock (the “Preferred Series A ATM Program”) pursuant to which it could offer and sell through one or more sales agents up to $35.0 million in shares of its Series A Preferred Stock at prices prev…
In December 2023, the Company initiated a preferred stock repurchase program that allows for the repurchase of up to an aggregate of $50.0 million of its shares of preferred stock. Shares of preferred stock may be repurchased from time to time through privately negotiated transactions or open market…
Since September 2025, the Federal Reserve has reduced its federal funds rate target by a cumulative 75 basis points to a range of 3.50% to 3.75% due to slowing job growth and increased unemployment. Even though inflation remains above its 2 percent target, the Federal Reserve has determined that in …
As of December 1, 2025, the Federal Reserve has also ceased reducing its balance sheet. Since 2022, the Federal Reserve had been allowing a set amount of Treasury securities and Agency RMBS on its balance sheet to roll off each month without reinvestment. Prior to December 1, 2025, the Federal Reser…
Federal Reserve Chairman Jerome Powell’s current four-year term as Chair expires on May 15, 2026, although his term as a member of the Board of Governors extends through early 2028. President Donald Trump has nominated Kevin Warsh as Jerome Powell’s successor, but as of mid-April 2026, the Senate ha…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-10
In addition to the other information set forth in this Quarterly Report on Form 10-Q, the reader should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Except as set forth below, there have …
The exchange ratio is fixed and will not be adjusted in the event of any change to MITT’s stock price or our stock price.
As a result of the Mergers, each share of our common stock issued and outstanding immediately prior to the effective time of the Company Merger (other than Cancelled Shares) will convert into the right to receive a fixed combination of stock and cash, consisting of (A) from MITT, (i) that number of …
Changes in MITT’s stock price prior to the Mergers will affect the market value of the consideration that our common stockholders will be entitled to receive at the effective time of the Company Merger. Stock price changes may result from a variety of factors (many of which are beyond the control of…
changes in the respective businesses, operations, assets, liabilities and prospects of MITT or us;
Text removed vs the prior filing · source: 10-Q · 2026-05-07
There have been no material changes to the risk factors set forth under the heading “Item 1A. Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice