Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 158

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 158
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 the "Increase/(decrease)" line item in the tables below represents an unfavorable change in expected credit losses.

68

 For the Quarters Ended(dollars in thousands)Non-Agency RMBSDecember 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2023Balance, beginning of period$81,368 $78,366 $98,035 $95,366 $81,236 Realized losses(1,182)534 (1,940)(345)(1,225)Accretion2,820 2,926 3,140 2,978 2,569 Losses on purchases— — — — — Losses on sold/paid-off48 — (2)— — Increase/(decrease)2,251 (458)(20,867)36 12,786 Balance, end of period$85,305 $81,368 $78,366 $98,035 $95,366 

 For the Quarters Ended(dollars in thousands)Loans held for investmentDecember 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2023Balance, beginning of period$181,895 $190,675 $213,050 $213,644 $251,002 Realized losses(6,180)(6,226)(8,149)(8,078)(8,457)Accretion2,584 2,703 2,964 2,961 3,427 Losses on purchases— — — — — Increase/(decrease) (35,071)(5,257)(17,190)4,523 (32,328)Balance, end of period$143,228 $181,895 $190,675 $213,050 $213,644 

Additionally, the Non-Agency RMBS which we acquire for our portfolio are reviewed by us to ensure that they satisfy our risk-based criteria. Our review of Non-Agency RMBS includes utilizing a portfolio management system. Our review of Non-Agency RMBS and other ABS is based on quantitative and qualitative analysis of the risk-adjusted returns on Non-Agency RMBS and other ABS.