Chimera Investment Corp (CIM) Q3 2026 Earnings Call Highlights: Record Origination
Chimera Investment Corp (CIM) reported Q3 2026 earnings of $0.38 per share, with year-to-date EAD exceeding dividends. HomeXpress achieved record origination volume of $1.12B, up 27% YoY. CIM refinanced facilities, reducing rates and expanding capacity. However, CIM reported a GAAP net loss of $193.6M, driven by a 16.5% decline in book value per share. HomeXpress's net origination margin turned negative, and profitability is expected to be flat in Q4 2026.



