Chimera Investment Corporation

Chimera Investment Corporation is a real estate investment trust (REIT) that invests in, originates, and manages a diversified portfolio of mortgage assets. Its operations are divided into two segments: Investment Portfolio and Residential Origination. Through its subsidiaries, the company holds residential mortgage loans, non-agency and agency mortgage-backed securities, business purpose loans, investor loans, mortgage servicing rights, and other real estate-related assets. It also invests in investment grade, non-investment grade, and non-rated securities, and provides third-party advisory services. As a REIT, Chimera focuses on generating income from its mortgage investments and is required to distribute at least 90% of its taxable income to shareholders as dividends.

Chimera Investment Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol CIM-PB. Its securities trade in US Dollars (USD), reflecting its primary operations and headquarters in the United States. The NYSE listing provides liquidity and access to a broad base of investors, and the use of USD aligns with the company's focus on US mortgage markets and real estate assets.

Chimera Investment Corporation operates in the Real Estate sector, specifically within the REIT - Mortgage industry. As a mortgage REIT, it primarily invests in mortgage-related assets rather than physical properties. This industry focuses on generating income from the spread between interest earned on mortgage loans and securities and the cost of funding those investments. Chimera's activities include residential mortgage lending, securitization, and investing in mortgage-backed securities, making it a key player in the US housing finance market.

Chimera Investment Corporation is headquartered in New York, New York, United States. It was incorporated in 2007 and primarily serves the US mortgage market. The company invests in residential mortgage loans and mortgage-backed securities across the United States, focusing on both agency (government-backed) and non-agency (private-label) securities. Its operations also include business purpose loans and investor loans, catering to a broad range of real estate financing needs within the US. As a REIT, it qualifies for favorable tax treatment by distributing most of its income to shareholders.

Chimera Investment Corporation generates revenue primarily through its Investment Portfolio and Residential Origination segments. The Investment Portfolio segment earns income from interest and dividends on its holdings of residential mortgage loans, mortgage-backed securities (both agency and non-agency), and other real estate-related assets. The Residential Origination segment originates residential mortgage loans, earning fees and interest income. Additionally, the company invests in investment grade and non-investment grade securities and provides third-party advisory services. As a REIT, Chimera must distribute at least 90% of its taxable income to shareholders, which typically comes from net interest income and capital gains on its investments.