6 Followers USX:CIM - Chimera Investment Corporation Chimera Investment Corporation
Sector: Financials, Industry: Mortgage REITs
Next Earnings: 2 Nov 2021
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USD 15.44    +0.030 (+0.19%)
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24 Sep 2021


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General

CEO: Mr. Mohit Marria

IPO: 2007-11-16

Headquarters: US

Employees: 41

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Description

Chimera Investment Corporation is a real estate investment trust primarily engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. Chimera generates nearly all of its income from interest payments derived from its investments.