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Chimera Investment Corporation (NYSE: CIM) (“Chimera”) Announces Definitive Agreement to Acquire HomeXpress Mortgage Corp.

1. Chimera Investment Corporation announced its acquisition of HomeXpress Mortgage Corp. 2. The acquisition will enhance Cim's portfolio in non-QM and investor mortgage loans.

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FAQ

Why Bullish?

Acquiring HomeXpress strengthens CIM's foothold in a growing mortgage sector, historically boosting stock prices after acquisitions in similar domains.

How important is it?

The acquisition directly influences CIM's operational capabilities and market position, likely leading to a positive market response.

Why Long Term?

The strategic acquisition is expected to provide sustained growth opportunities and improved revenue streams for CIM over time.

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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 of consumer non-QM, investor business purpose, and other non-Agency mortgage loan products, as well a.

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