CIM

Chimera Investment Corporation

A mortgage real estate investment trust based in New York, Chimera Investment Corporation invests in residential mortgage loans and mortgage-backed securities — the home-loan debt that other lenders originate — rather than owning buildings. It was organized in Maryland in 2007 and began trading that November, launched with ties to the mortgage giant Annaly Capital Management. The name comes from Greek mythology's Chimera, a fire-breathing hybrid beast with a lion's head, a goat's body, and a serpent's tail.