Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 209

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 209
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Project loans5,234 (901)4 29,136 (6,231)3234,370 (7,132)36Interest-only1,775 (83)1 2,039 (592)3 3,814 (675)4Total$507,036 $(7,035)45$278,412 $(135,032)201$785,448 $(142,067)246 

99

December 31, 2023(dollars 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$51,476 $(281)13 $42,859 $(6,700)6 $94,335 $(6,981)19 Subordinated19,382 (1,467)5 181,822 (35,081)33201,204 (36,548)38 Interest-only19,263 (4,035)27 36,731 (77,455)10555,994 (81,490)132 Agency RMBS         Interest-only— — — 9,151 (5,077)8 9,151 (5,077)8 Agency CMBSProject loans43,827 (4,040)5 35,353 (4,601)3279,180 (8,641)37 Interest-only2,601 (529)2 158 (262)22,759 (791)4 Total$136,549 $(10,352)52$306,074 $(129,176)186$442,623 $(139,528)238 At December 31, 2024, 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