Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 59

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 59
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paidPrincipal/ NotionalFair ValueAssets:  Non-Agency RMBSSenior$13,424 $12,546 $14,163 $13,036 Subordinated478,222 274,565 483,136 274,435 Interest-only2,589,059 81,147 2,644,741 73,335 Agency RMBSPass-through149,420 149,497 — — CMO451,023 449,448 464,640 461,658 Interest-only379,113 15,852 380,311 16,784 Agency CMBSProject loans40,875 35,002 40,882 34,370 Interest-only294,363 6,538 449,437 6,408 Loans held for investment, at fair value11,292,225 10,983,840 11,659,420 11,196,678 Liabilities (1):  Secured Financing Agreements, at fair value332,346 320,730 337,245 319,456 Securitized debt at fair value, collateralized by Loans held for investment7,767,291 7,198,089 7,570,721 6,984,495 

23

1) The Company recorded $1.1 million unrealized loss for contingent earn-out liability as of March 31, 2025, the contingent earn-out liability balance is included in Accounts payable and other liabilities on the Company’s Consolidated Statement of Financial Condition. The table below shows the impact of change in fair value on each of the financial instruments carried at fair value with changes in fair value reflected in earnings under the fair value option election in the Consolidated Statement of Operations for the quarters ended March 31, 2025 and 2024:For the Quarters EndedMarch 31, 2025March 31, 2024(dollars in thousands) Gain/(Loss) on Change in Fair ValueAssets: Non-Agency RMBSSenior$226 $197 Subordinated1,283 3,304 Interest-only9,835 (8,654)Agency RMBSPass-through(731)— CMO1,467 — Interest-only(604)(409)Agency CMBSProject loans639 3,075 Interest-only369 (455)Loans held for