Chimera Investment (CIM) said Monday it sponsored CIM 2025-I1 on Friday to issue securities of roughly $275.7 million to institutional investors in a private placement.
CIM 2025-I1 is a $287.7 million securitization of residential mortgage investor loans, the company added.
Chimera said it maintained subordinate interests in securities with a total balance of about $11.9 million.
The company's stock was slightly lower in recent Monday trading.
Price: 14.85, Change: -0.04, Percent Change: -0.27
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