Chimera Investment Corporation reported second quarter 2026 earnings available for distribution of $0.46 per share, matching its projected underlying run rate and covering its $0.45 quarterly dividend. GAAP net loss was approximately $4 million, with a $13 million loss from the investment portfolio offset by $9 million of net income from residential origination. Book value per share declined 3.2% to $17.75, and annualized EAD return on average common equity was 10.35%. HomeXpress funded a record $1.1 billion in loans, up 30% year-over-year and 24% sequentially, with EBITDA of $11.8 million and net origination margin expanding to 124 basis points, up 10 basis points from the first quarter of 2026. The company completed two resecuritizations backed by $487 million of loans and is targeting two HomeXpress securitizations and one third-party loan securitization by year-end.
Chimera Investment CorporationEarnings available for distribution matched run rate and covered dividend, but book value declined 3.2% and GAAP net loss was reported.
HomeXpress funded a record $1.1 billion in loans, up 30% year-over-year, with expanding net origination margin.
