Chimera Investment Corporation (NYSE: CIM) is a publicly traded real estate investment trust that specializes in investing in residential mortgage assets. The company’s portfolio primarily consists of agency and non-agency residential mortgage-backed securities, whole loan residential mortgages and other mortgage-related assets. As a REIT, Chimera Investment aims to generate attractive risk-adjusted returns through its focus on high-quality collateral and disciplined risk management.
The firm’s core business activities include identifying and acquiring portfolios of residential mortgage loans and securities from financial institutions and in the secondary market. Chimera Investment employs financing structures such as repurchase agreements to fund its asset purchases, while its investment strategy spans the capital structure—ranging from senior agency tranches to higher-yielding non-agency securities. Through active portfolio management, the company seeks to balance yield enhancement with credit mitigation and duration control.
Founded in 2007 and headquartered in New York, Chimera Investment is externally managed by a team of mortgage finance professionals responsible for sourcing investments, executing financing strategies and maintaining rigorous risk‐control frameworks. Over its history, the company has navigated a variety of market cycles, leveraging dislocations in the U.S. mortgage market to build a diversified book of agency-backed and credit-sensitive mortgage assets.
Chimera Investment serves a nationwide footprint, investing across multiple regions of the United States. Its operational platform combines in-house analytics with established servicing relationships to monitor asset performance, respond to market developments and pursue opportunities in residential real estate finance. The company’s governance includes a board and executive leadership with deep expertise in structured finance, portfolio management and regulatory compliance.
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