Company: CIMO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001409493-25-000028
Chunk: 148

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 148
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 at risk to finance their activities and the Company has the right to direct the activities of the VIE that most significantly impact its economic performance and hold substantially all of the variable interests in the 

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entities. The table below reflects the assets and liabilities recorded in the Consolidated Statements of Financial Condition related to the consolidated VIEs as of September 30, 2025 and December 31, 2024. September 30, 2025December 31, 2024 (dollars in thousands)Assets:  Non-Agency RMBS, at fair value (1)$215,910 $229,343 Loans held for investment, at fair value9,352,469 9,671,731 Accrued interest receivable47,823 50,305 Other assets24,321 18,715 Interests in MSR financing receivables14,915 — Total Assets:$9,655,438 $9,970,094 Liabilities:  Securitized debt, collateralized by Non-Agency RMBS$67,558 $71,247 Securitized debt at fair value, collateralized by Loans held for investment7,309,821 6,671,471 Accrued interest payable24,015 21,803 Other liabilities1,704 1,984 Total Liabilities:$7,403,098 $6,766,505 (1) September 30, 2025 and December 31, 2024 balances includes allowance for credit losses of $14 million and $10 million, respectively.Income and expense amounts related to consolidated VIEs recorded in the Consolidated Statements of Operations is presented in the tables below. For the Quarters Ended September 30, 2025September 30, 2024 (dollars in thousands)Interest income, Assets of consolidated VIEs$137,597 $146,007 Interest expense, Non-recourse liabilities of VIEs70,387 71,668 Net interest income$67,210 $74,339 Increase (decrease) in provision for credit losses$1,155 $(975)Interest income from investment in MSR financing receivable$363 $— Servicing fees$5,566 $6,533  For the Nine Months Ended September 30, 2025September 30, 2024 (doll