Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 377

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 15
Chunk 377
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%7/1/2000 - 1/1/20997,365,418 694,682 477,229 $250 to $5006,612 0.00% to 13.00%12/1/2005 - 11/1/20622,203,285 216,451 174,653 $500 to $7501,000 1.99% to 12.00%3/1/2013 - 11/1/2062598,053 30,687 55,958 $750 to $1,000386 2.00% to 11.99%3/1/2021 - 11/1/2062333,086 18,285 21,000 Over $1,000407 1.73% to 11.99%1/1/2021 - 11/1/2061599,099 19,104 36,170 106,357 11,098,941 979,209 765,010 Total112,572 11,876,358 1,034,307 806,581 (1) The above table excludes approximately $152 million of Loans held for investment for December 31, 2023, which were purchased prior to the reporting date and settled subsequent to the reporting date.The foreclosure, bankruptcy, and REO principal balances on our loans were $346 million, $181 million and $29 million, respectively, as of December 31, 2023, which are included in the table above.The fair value of residential mortgage loans 90 days or more past due was $595 million and $645 million as of December 31, 2024 and December 31, 2023, respectively.

5. Fair Value Measurements

 The Company applies fair value guidance in accordance with GAAP to account for its financial instruments. The Company categorizes its financial instruments, based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial assets and liabilities recorded at fair value on the