CHIMERA INVESTMENT CORP

Operating as a mortgage REIT, Chimera Investment Corporation invests in a diversified portfolio of mortgage assets across residential and commercial segments. The company's holdings include residential mortgage loans, agency and non-agency residential mortgage-backed securities, commercial mortgage-backed securities, business purpose loans, investor loans, residential transition loans, and other real estate-related securities. Its portfolio spans investment grade, non-investment grade, and non-rated securities.

As a REIT incorporated in 2007, Chimera qualifies for federal REIT tax treatment, which requires distribution of at least 90% of taxable income to shareholders. The company operates from its headquarters in New York, New York, with a staff of 423 full-time employees. The firm's investment strategy centers on generating returns through mortgage asset selection and portfolio management rather than traditional lending operations.

Chimera's revenue streams derive primarily from interest income on its mortgage securities and loans, supplemented by gains from portfolio positioning and rebalancing activities. The company maintains exposure to both government-backed and non-government-backed mortgage instruments, allowing for participation across different credit quality segments within the residential and commercial mortgage markets.