Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 48

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 48
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290 $1,678,825 

16

December 31, 2024(dollars in thousands) Weighted Average LifeLess than one yearGreater than one year and lessthan five yearsGreater than five years and lessthan ten yearsGreater than ten yearsTotalFair value     Non-Agency RMBS     Senior$16,171 $66,384 $251,104 $280,834 $614,493 Subordinated494 81,838 132,286 161,723 376,341 Interest-only171 25,717 44,751 2,696 73,335 Agency RMBS     CMO— — 62,156 399,500 461,656 Interest-only4,708 12,076 — — 16,784 Agency CMBSProject loans— — — 34,370 34,370 Interest-only17 6,391 — — 6,408 Total fair value$21,561 $192,406 $490,297 $879,123 $1,583,387 Amortized cost     Non-Agency RMBS     Senior$13,760 $60,686 $204,530 $202,156 $481,132 Subordinated784 77,210 135,147 173,859 387,000 Interest-only18,060 61,959 68,306 5,246 153,571 Agency RMBS     CMO— — 62,050 402,472 464,522 Interest-only6,101 13,493 — — 19,594 Agency CMBSProject loans— — — 41,502 41,502 Interest-only189 5,945 — — 6,134 Total amortized cost$38,895 $219,293 $470,032 $825,235 $1,553,455 The Non-Agency RMBS investments are secured by pools of mortgage loans which are subject to credit risk. The following table summarizes the delinquency, bankruptcy, foreclosure and real estate owned, or REO, total of the pools of mortgage loans securing the Company’s investments in Non-Agency RMBS at March 31, 2025 and December 31, 2024. When delinquency rates