Business Description
Chimera Investment Corporation is a New York-based real estate investment trust founded in 2007 that builds and manages a broad portfolio of mortgage-related assets across the United States. The company puts money into residential mortgage loans, mortgage-backed securities, and other property-related financial instruments, while also originating loans directly and providing advisory services to outside clients. As a qualifying REIT, Chimera is required to pay out at least 90% of its taxable earnings to shareholders in the form of dividends.
