Items Tagged with 'Matthew Lambiase'


  • Mortgage REIT Insider: Chimera Gets a Lesson on Leverage

    Earlier this year, Chimera Investment Corp. [stock CIM][/stock] bit off more than it could chew, and indigestion finally set in this past week. I wondered back in March if Chimera was quietly struggling to stay afloat after leveraging up at just the wrong time -- it had quadrupled its reliance on repurchase lines just as competitor MFA Mortgage [stock MFA][/stock] was selling assets to de-lever its balance sheet.
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