This report does not constitute a rating action. After reviewing its aggregation process for non-qualified mortgage, debt service coverage ratio, and prime jumbo residential mortgage loans, we assigned our overall AVERAGE MOA ranking to Chimera Investment Corp. We also assigned our AVERAGE qualitative subranking and LIMITED quantitative subranking to the company. The overall ranking is based on our view of the company's knowledgeable and experienced management team, solid risk management framework and culture, robust internal controls, and observed loan performance. We also assigned a 1.000x loss coverage adjustment factor on the company. NEW YORK (S&P Global Ratings) Nov. 4, 2026--S&P Global Ratings today assigned its overall AVERAGE mortgage operational assessment (MOA) ranking to Chimera Investment Corp. after reviewing the company's
