About Chimera Investment Corporation Common Stock (CIM)
Chimera Investment Corporation is a real estate investment trust that focuses on investing in, financing, and managing a diversified portfolio of residential mortgage loans, mortgage-backed securities, and other real estate-related assets. The company seeks to generate attractive risk-adjusted returns for its shareholders by capitalizing on various market opportunities in the real estate finance sector. With a strategic emphasis on both agency and non-agency mortgage assets, Chimera is dedicated to managing its investment portfolio to optimize income and growth, while navigating the complexities of the mortgage market. Read More
The landscape of the U.S. housing market is currently experiencing a significant recalibration, as mortgage rates pull back from the multi-decade highs witnessed in late 2023. This recent downtrend, marked by the 30-year fixed mortgage rate settling around 6.35%, offers a noticeable reprieve for prospective homebuyers and existing
Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today the pricing of an underwritten public offering of $115 million aggregate principal amount of its 8.875% senior notes due 2030 (the “Notes”). The Company has granted the underwriters a 30-day option to purchase up to an additional $17.25 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on September 16, 2025, subject to the satisfaction of customary closing conditions.
The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable September 30, 2025 to preferred shareholders of record on September 2, 2025. The ex-dividend date is September 2, 2025.
Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it will release its financial results for the second quarter ended June 30, 2025, on Wednesday, August 6, 2025, prior to 7:00 a.m. Eastern Daylight Time (EDT). The Company will host a conference call and live audio webcast to discuss the results on Wednesday, August 6, 2025, at 8:30 a.m. EDT.
Palisades Group (“Palisades”), a wholly-owned subsidiary of Chimera Investment Corporation (NYSE: CIM) and an alternative asset manager in the residential credit and real estate markets, today announced that on June 30, 2025, Solve Funding LLC had sponsored SOLVE 2025-HEC1, a $112.1 million securitization backed by home equity investment assets (HEI). This transaction marks a milestone in the evolution of the HEI sector as the securitization featured collateral aggregated from multiple originators. Solve Funding LLC is a wholly-owned indirect subsidiary of investment fund vehicles that are managed by Palisades Group. Palisades Group is the reporting manager and administrator for the securitization. The securitization is rated by Morningstar DBRS.
HomeXpress Mortgage Corp. ("HomeXpress"), a leading national originator of non-QM and business-purpose residential mortgage loans, today announced that it has entered into a definitive agreement to be acquired by Chimera Investment Corporation (NYSE: CIM) (“Chimera”) from certain affiliates of Seer Capital Management’s credit fund business (“Seer”) and certain management sellers.
Chimera Investment Corp (CIM) to acquire HomeXpress Mortgage Corp for $120M in cash and stock. Deal to expand mortgage loan origination and diversify earnings base.
Chimera Investment Corporation (NYSE: CIM) (“Chimera”) today announced that on June 11, 2025, it entered into a definitive agreement to acquire HomeXpress Mortgage Corp. (“HomeXpress”) from certain affiliates of Seer Capital Management’s credit fund business (“Seer”) and certain management sellers (together with Seer, the “Sellers”). HomeXpress is a leading originator of consumer non-QM, investor business purpose, and other non-Agency mortgage loan products, as well as an originator of Agency mortgage loans with a nationwide presence across 46 states and D.C.
The Board of Directors of Chimera Investment Corporation announced the declaration of its second quarter cash dividend of $0.37 per common share. The dividend is payable on July 31, 2025 to common stockholders of record on June 30, 2025. The ex-dividend date is June 30, 2025.
The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable June 30, 2025 to preferred shareholders of record on June 2, 2025. The ex-dividend date is June 2, 2025.
Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Thursday, May 8, 2025 at 8:30 a.m. EDT.
Chimera Investment Corporation (NYSE: CIM) announced that on March 25, 2025 it had sponsored two securitizations of residential mortgage loans with an aggregate principal balance of $646 million. The mortgage loans for both securitizations were sourced from the redemption of prior Chimera-sponsored securitizations, including CIM 2021-NR1, CIM 2021-NR2, CIM 2021-NR3, CIM 2021-NR4, CIM 2022-NR1, CIM 2023-NR1, and CIM 2023-NR2. Net proceeds received from the transactions were in excess of $187 million.
The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.37 per common share. The dividend is payable on April 30, 2025 to common stockholders of record on March 31, 2025. The ex-dividend date is March 31, 2025.
A hotter-than-expected inflation report initially rattled markets on Wednesday morning, but investors found confidence to buy the dip, helping major indexes recover most losses by midday trading in New York.
In the first bullet of the "Financial Highlights(1)" section, the figure should read, "$2.07" (instead of "$2.04"). In the "GAAP measures of net income and net income per diluted share available to common stockholders" table, the line that reads, "GAAP net income (loss) per diluted common share" under "December 31, 2024" the number should read, "$2.07" (instead of "2.04"). The multimedia file has been updated.
