Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 362

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 15
Chunk 362
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 and residential interest-only MBS and residential collateralized mortgage obligations, or CMO, and Agency CMBS to include commercial and commercial interest-only MBS. Senior interests in Non-Agency RMBS are generally entitled to the first principal repayments in their pro-rata ownership interests at the acquisition date. The tables below present amortized cost, allowance for credit losses, fair value and unrealized gain/losses of the Company's MBS investments as of December 31, 2024 and December 31, 2023.December 31, 2024(dollars in thousands)Principal or Notional ValueTotal PremiumTotal DiscountAmortized CostAllowance for credit lossesFair ValueGross Unrealized GainsGross Unrealized LossesNet Unrealized Gain/(Loss)Non-Agency RMBS       Senior$1,010,128 $21,356 $(550,352)$481,132 $(25,472)$614,493 $164,600 $(5,767)$158,833 Subordinated648,977 3,234 (265,211)387,000 (2,925)376,341 20,167 (27,901)(7,734)Interest-only2,644,741 153,571 — 153,571 — 73,335 13,164 (93,400)(80,236)Agency RMBS       CMO464,640 5 (123)464,522 — 461,656 106 (2,972)(2,866)Interest-only380,311 19,594 — 19,594 — 16,784 1,410 (4,220)(2,810)Agency CMBSProject loans40,882 620 — 41,502 — 34,370 — (7,132)(7,132)Interest-only449,437 6,134 — 6,134 — 6,408 949 (675)274 Total$5,639,116 $204,514 $(815,686)$1,553,455 $(28,397)$1,583,387 $200,396 $(142,067)$58,329 

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December 31, 2023(dollars in thousands)Principal or Notional ValueTotal PremiumTotal DiscountAmortized CostAllowance for credit lossesFair ValueG