NEW YORK CITY—Chimera Investment Corp., an internally managed REIT headquartered in New York City focusing on investing in residential mortgage loans, has recently implemented a new SaaS-based investment accounting, reporting, and analytics solutions in order to provide better investment data transparency while supporting sophisticated accounting requirements.
To meet their obligations and regulations, REITs require a significantly high level of investment data quality and transparency, according to a prepared release put out by the provider, Clearwater Analytics. "Historically, REITs have relied heavily on extensive internal processes that are difficult to manage and scale, because legacy investment accounting solutions were not designed for them," the release says.
Chimera maintains a diversified investment portfolio that includes residential mortgage loans, non-agency and agency residential mortgage-backed securities (which includes interest only and principal only), and agency commercial mortgage-backed securities.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
