Exhibit 99.3

CONSENT OF PROSPECTIVE DIRECTOR

The undersigned hereby consents, in accordance with Rule 438 under the Securities Act of 1933, as amended, to being named as a prospective director in the registration statement on Form S-11, and any amendments thereto, to be filed by Chimera Investment Corporation.

/s/ Paul A. Keenan                                         Name: Paul A. Keenan Dated: August 13, 2007