Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 368

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 15
Chunk 368
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gency RMBS      Senior$192,528 $— $192,528 $(5,396)$(1,585)$(6,981)Subordinated10,757 5,791 16,548 (12,198)(24,350)(36,548)Interest-only— 14,394 14,394 — (81,490)(81,490)Agency RMBS      Interest-only— 862 862 — (5,077)(5,077)Agency CMBSProject loans— — — (23)(8,618)(8,641)Interest-only— 1,307 1,307 — (791)(791)Total$203,285 $22,354 $225,639 $(17,617)$(121,911)$(139,528)Changes in prepayments, actual cash flows, and cash flows expected to be collected, among other items, are affected by the collateral characteristics of each asset class. The Company chooses assets for the portfolio after carefully evaluating each investment’s risk profile.The following tables provide a summary of the Company’s MBS portfolio at December 31, 2024 and December 31, 2023.

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 December 31, 2024 Principal or Notional Valueat Period-End(dollars in thousands)Weighted Average AmortizedCost BasisWeighted Average Fair ValueWeighted AverageCouponWeighted Average Yield at Period-End (1)Non-Agency RMBS    Senior$1,010,128 $45.11 60.83 5.7 %17.6 %Subordinated648,977 59.18 57.99 4.5 %8.0 %Interest-only2,644,741 5.81 2.77 0.7 %6.6 %Agency RMBS     CMO464,640 99.97 99.36 5.8 %5.8 %Interest-only380,311 5.15 4.41 0.7 %6.9 %Agency CMBSProject loans40,882 101.51 84.07 3.5 %3.4 %Interest-only449,437 1.36 1.43 0.5 %8.9 %       (1) Bond Equivalent Yield at period end.