AUSTIN, Texas--(BUSINESS WIRE)--Palisades Group (“Palisades”), a wholly-owned subsidiary of Chimera Investment Corporation (NYSE: CIM) and an alternative asset manager in the residential credit and real estate markets, today announced that on June 30, 2025, Solve Funding LLC had sponsored SOLVE 2025-HEC1, a $112.1 million securitization backed by home equity investment assets (HEI). This transa...
Although double-digit yields were normal during the 1980s, lower interest rates and a robust stock market have rendered yields of 10% or higher obscure.
Chimera Investment Corporation is a mortgage REIT with that is being transformed by strategic acquisitions. The acquisition of HomeXpress Mortgage diversifies CIM's income streams, is well-received by Wall Street, and is expected to be accretive to earnings in 2026. CIM pays a quarterly dividend yielding 10.57%, which goes ex-dividend on June 30th.
Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of the income.
SANTA ANA, Calif.--(BUSINESS WIRE)--HomeXpress Mortgage Corp. today announced that it has entered into a definitive agreement to be acquired by Chimera Investment Corporation.
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (“Chimera”) today announced that on June 11, 2025, it entered into a definitive agreement to acquire HomeXpress Mortgage Corp. (“HomeXpress”) from certain affiliates of Seer Capital Management's credit fund business (“Seer”) and certain management sellers (together with Seer, the “Sellers”). HomeXpress is a leading originator...
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its second quarter cash dividend of $0.37 per common share. The dividend is payable on July 31, 2025 to common stockholders of record on June 30, 2025. The ex-dividend date is June 30, 2025. About Chimera Investment Corporation Chimera is a publicly traded real estate investment trus...
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