other material
confidence high
sentiment neutral
materiality 0.60
Chimera sponsors $287.7M residential mortgage loan securitization CIM 2025-I1
CHIMERA INVESTMENT CORP
- Securitization of $287.7M residential mortgage investor loans with 7.9% weighted avg coupon.
- Senior securities of $275.7M sold to institutional investors at 5.8% weighted avg cost.
- Chimera retains $11.9M subordinate interests and IO securities; call option from Feb 2028 or 30% UPB.
- Loans have weighted avg FICO 748 and LTV 64%; rated by Fitch and Morningstar DBRS.
- Palisades Advisory Services, a Chimera subsidiary, will serve as asset manager.