Business Description
Founded in 2007 and based in New York, Chimera Investment Corporation is a U.S. real estate investment trust that generates returns by holding a broad range of mortgage-related assets, from home loans to commercial property-backed securities. The company spreads its holdings across different credit quality levels, taking on both lower-risk and higher-risk positions. To maintain its tax-advantaged status, Chimera is required to pay out at least 90% of its taxable earnings to shareholders each year.
