On March 26, 2008, Chimera Investment Corporation ("Seller"), entered into Amendment No. 2 (the "Amendment") to the Master Repurchase Agreement, dated January 31, 2008 (the "Master Repurchase Agreement") by and among DB Structured Products, Inc. ("Buyer") and Deutsche Bank Securities Inc. ("Agent"). Buyer is an affiliate of Agent, which was one of the underwriters of the Seller's November 2007 initial public offering.

The Amendment, among other things, eases certain financial and other restrictive covenants under the facility for the period commencing March 26, 2008 to and including April 15, 2008. The Amendment also provides for certain additional notification requirements by the Seller based on specifically identified triggering events. Capitalized terms not defined herein shall have the meaning set forth in the Master Repurchase Agreement, a copy of which was filed with the Securities and Exchange Commission on February 4, 2008. The Amendment is filed as Exhibit 10.1 to this Current Report and is incorporated herein by reference.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

             (d) Exhibits:

                       10.1               Amendment No. 2 to Master Repurchase
                                          Agreement by and among Chimera Investment
                                          Corporation, as seller, DB Structured
                                          Products, Inc., as buyer, and Deutsche
                                          Bank Securities Inc., as agent, dated as
                                          of March 26, 2008.