Chimera

Chimera Investment Corporation operates as a Real Estate Investment Trust (REIT) developing and managing a diversified portfolio of residential mortgage loans and mortgage-backed securities. It uses a hybrid mortgage REIT model, actively originating new loans and acquiring mortgage assets. This strategy aims to generate consistent income through diligent credit risk management across its holdings.

Organized in Maryland in June 2007, Chimera was founded by seasoned real estate and financial professionals, completing its Initial Public Offering that November. Key figures like Phillip J. Kardis II were instrumental in its early direction. The core insight was establishing a mortgage REIT dedicated to providing reliable distributable income to shareholders via focused credit investment.

Chimera primarily serves its shareholders, delivering attractive risk-adjusted returns and stable income through its specialized investment operations. Its vision involves continuously evolving an integrated operational framework, encompassing loan origination, securitization, and asset management. This strategic adaptation aims to build a diversified, resilient residential mortgage REIT, fostering long-term value for investors.