Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 42

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 42
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ollars in thousands) Unrealized Loss Position for Less than 12 MonthsUnrealized Loss Position for 12 Months or MoreTotal Estimated Fair ValueUnrealized LossesNumber of PositionsEstimated Fair ValueUnrealized LossesNumber of PositionsEstimated Fair ValueUnrealized LossesNumber of PositionsNon-Agency RMBS         Senior$65,051 $(757)13 $35,492 $(5,010)6 $100,544 $(5,767)19 Subordinated27,799 (1,135)7 167,742 (26,766)29195,541 (27,901)36 Interest-only6,061 (1,118)12 35,734 (92,282)12441,795 (93,400)136 Agency RMBS         CMO399,502 (2,972)7 — — — 399,502 (2,972)7 Interest-only1,614 (69)1 8,269 (4,151)7 9,882 (4,220)8 Agency CMBSProject loans5,234 (901)4 29,136 (6,231)3234,370 (7,132)36 Interest-only1,775 (83)1 2,039 (592)33,814 (675)4 Total$507,036 $(7,035)45$278,412 $(135,032)201$785,448 $(142,067)246 At March 31, 2025, the Company did not intend to sell any of its Agency and Non-Agency MBS classified as available-for-sale that were in an unrealized loss position, and it was not more likely than not that the Company would be required to sell these MBS investments before recovery of their amortized cost basis, which may be at their maturity. With respect to RMBS held by consolidated VIEs, the ability of any entity to cause the sale by the VIE prior to the maturity of these RMBS is either expressly prohibited, not probable, or is limited to specified events of default, none of which have occurred as of March 31, 2025.Gross unrealized losses on the Company’s Non-Agency RMBS (excluding Non-Agency RMBS which are reported at fair value with changes in fair value recorded in