Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States.
The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and other real estate related securities.
It invests in investment grade, non-investment grade, and non-rated classes.
The company qualifies as a real estate investment trust (REIT) for federal income tax purposes.
As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders.
Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.
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