Operator: Good day, ladies and gentlemen and welcome to Chimera Investment Corporation First Quarter 2025 Earnings Call.

Q1 2025 Earnings Call Transcript May 14, 2025 Operator: Good morning ladies and gentlemen and thank you for standing by.

All forward-looking statements speak only as of today ... I think it was below target last quarter. So, we do have retained earnings. That would be the first source of capital to pay for acquisitions.

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