Company: CIMO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001409493-25-000028
Chunk: 107

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 107
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 or Interest-only. The Company also invests in Agency MBS which it classifies as Agency RMBS, to include residential and residential interest-only MBS, Pass-through securities, residential 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 September 30, 2025 and December 31, 2024.September 30, 2025(dollars in thousands)Principal or Notional ValueTotal PremiumTotal DiscountAmortized CostAllowance for Credit LossFair ValueGross Unrealized GainsGross Unrealized LossesNet Unrealized Gain/(Loss)Non-Agency RMBS       Senior$865,570 $28,665 $(484,528)$409,707 $(36,073)$520,586 $150,051 $(3,099)$146,952 Subordinated499,426 1,887 (241,778)259,535 (2,222)265,181 22,956 (15,088)7,868 Interest-only2,481,658 148,446 — 148,446 — 83,071 13,968 (79,343)(65,375)Agency RMBS       Pass-through2,561,414 12,851 (86,586)2,487,679 — 2,520,538 34,480 (1,621)32,859 CMO350,865 2 (94)350,773 — 352,826 2,386 (333)2,053 Interest-only370,958 18,766 — 18,766 — 15,683 664 (3,747)(3,083)Agency CMBSProject loans39,706 604 — 40,310 — 32,457 — (7,853)(7,853)Interest-only124,271 3,421 — 3,421 — 2,972 135 (584)(449)Total$7,293,868 $214,642 $(812,986)$3,718,