Chimera Investment Corporation to Sponsor Residential Mortgage Loan Securitization

On July 26, 2016, Freddie Mac announced that Chimera Investment Corporation was the winning bidder for Freddie Mac’ s pilot structured sale of seasoned mortgage loans that Freddie Mac currently guarantees and holds in its mortgage-related investments portfolio. Chimera, either directly or through a wholly-owned subsidiary, is expected to acquire and...

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Chimera Investment Corporation Sponsors Two Identical Residential Mortgage Loan Securitizations Totaling $3.5 Billion

On May 31, 2016, Chimera Investment Corporation sponsored CIM 2016-2 and CIM 2016-3: collectively a $3.5 billion securitization of seasoned residential mortgage loans. Securities issued by the securitizations with an aggregate balance of approximately $3.0 billion were sold in a private placement to institutional investors. The Company is a Maryland...

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Chimera Investment Corporation Announces Special Common Stock Dividend of $0.50 per Share

Chimera Investment Corporation (NYSE:CIM) today announced that the Board of Directors declared a special common stock dividend of $0.50 per share. The special dividend is payable on March 31, 2016 to stockholders of record on March 17, 2016. The ex-dividend date is March 15, 2016.

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Annaly Capital Management, Inc. and Chimera Investment Corporation Announce Internalization of Chimera’s Management

Annaly Capital Management, Inc. and Chimera Investment Corporation today announced that Chimera has entered into an agreement with Fixed Income Discount Advisory Company, a wholly-owned subsidiary of Annaly, to internalize the management of Chimera. In connection with the transaction, Chimera will purchase Annaly’ s 4.4% stake in Chimera for a purchase...

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