CHIMERA INVESTMENT CORP Reveals 10-K Insights

By Chris Stiles • Thursday, February 19 16:07 • Permanent Link

CHIMERA INVESTMENT CORP recently released its 10-K report, revealing key insights into its operations and financial performance. The company, operating as a real estate investment trust (REIT) in the United States, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, and other real estate-related securities. As a REIT, it aims to distribute at least 90% of its taxable income as dividends to shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.

In its 10-K report, CHIMERA INVESTMENT CORP's Management's Discussion and Analysis of Financial Condition and Results of Operations highlighted the company's reevaluated reportable segments, now consisting of the Investment Portfolio and Residential Origination segments. Notably, as of December 31, 2025, approximately 65% of its investment portfolio was allocated to residential mortgage loans, 23% to Agency MBS, 5% to Non-Agency RMBS, and less than 1% to interests in MSR financing receivables.

The report also discussed the company's strategic acquisition of HomeXpress, which broadens its business capabilities and provides direct exposure to the growing residential consumer Non-QM and investor business purpose mortgage loan origination market. Additionally, the report outlined CHIMERA INVESTMENT CORP's investment activities, including asset purchases such as Agency RMBS and MSR investments, as well as asset sales and securitization activities.

Market conditions and the company's strategy were also detailed, with a focus on interest rates, inflation, labor markets, and economic activity. The report highlighted the challenges and imbalances in the U.S. housing market, as well as the company's execution of its strategy in 2025, which involved diversifying the portfolio and repositioning the company as a diversified, vertically integrated residential real estate platform.

The market has reacted to these announcements by moving the company's shares 1.59% to a price of $13.39. If you want to know more, read the company's complete 10-K report here.

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