Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 216

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 216
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87,820 Interest-only775 6,991 — — 7,766 Total amortized cost$43,733 $161,683 $405,359 $467,964 $1,078,739 

104

The Non-Agency RMBS investments are secured by pools of mortgage loans which are subject to credit risk. The following table summarizes the delinquency, bankruptcy, foreclosure and Real estate owned, or REO, total of the pools of mortgage loans securing the Company’s investments in Non-Agency RMBS at December 31, 2024 and December 31, 2023. When delinquency rates increase, it is expected that the Company will incur additional credit losses.December 31, 202430 Days Delinquent60 Days Delinquent90+ Days DelinquentBankruptcyForeclosureREOTotal% of Unpaid Principal Balance4.3 %1.5 %2.5 %1.4 %2.9 %0.6 %13.2 %December 31, 202330 Days Delinquent60 Days Delinquent90+ Days DelinquentBankruptcyForeclosureREOTotal% of Unpaid Principal Balance3.4 %1.4 %2.6 %1.3 %3.0 %0.5 %12.2 %The Non-Agency RMBS in the Portfolio have the following collateral characteristics at December 31, 2024 and December 31, 2023. December 31, 2024December 31, 2023Weighted average maturity (years) 17.5 19.5Weighted average amortized loan to value (1) 56.1 % 57.1 %Weighted average FICO (2) 706 707Weighted average loan balance (in thousands) $247  $252 Weighted average percentage owner-occupied 67.6 % 84.5 %Weighted average percentage single family residence 60.3 % 61.4 %Weighted average current credit enhancement 1.3 % 1.3 %Weighted average geographic concentration of top four statesCA32.9 %CA33.1 %NY11.8 %NY11.6 %FL7.6 %FL7.6 %NJ4.6 %NJ4