Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 232

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 232
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ized by Loans held for investment— — 7,601,881 — 7,601,881 Derivatives, at fair value— — — — — The table below provides a summary of the changes in the fair value of financial instruments classified as Level 3 at December 31, 2024 and December 31, 2023.

115

Fair Value Level 3 Rollforward - AssetsFor the Year EndedFor the Year EndedDecember 31, 2024December 31, 2023(dollars in thousands) Non-Agency RMBSLoans held for investmentNon-Agency RMBSLoans held for investmentBeginning balance Level 3$1,043,806 $11,125,052 $1,147,481 $11,154,600 Transfers into Level 3— — — — Transfers out of Level 3— — — — Purchases of assets97,646 759,900 5,669 1,183,663 Principal payments(74,091)(1,184,167)(83,730)(1,247,364)Sales and Settlements— (3,441)— 2,166 Net accretion (amortization)34,267 (39,490)38,789 (52,595)Gains (losses) included in net income(Increase) decrease in provision for credit losses(9,869)— (11,371)— Realized gains (losses) on sales and settlements— — 13 — Net unrealized gains (losses) included in income(1,391)200,991 (6,561)84,582 Gains (losses) included in other comprehensive income— — — —    Total unrealized gains (losses) for the period(26,199)— (46,484)— Ending balance Level 3$1,064,169 $10,858,845 $1,043,806 $11,125,052 Fair Value Level 3 Rollforward - LiabilitiesFor the Year EndedFor the Year EndedDecember 31, 2024December 31, 2023(dollars in thousands) Securitized DebtSecuritized DebtBeginning balance Level 3$7,601,881 $7,100,742 Transfers