Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 86

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 86
---
 table presents the components of the Company’s Residential whole loans, and the accounting model designated at June 30, 2025 and December 31, 2024: Held at Carrying ValueHeld at Fair ValueTotal(Dollars in Thousands)June 30,2025December 31, 2024June 30,2025December 31, 2024June 30,2025December 31, 2024Non-QM loans$657,760 $722,392 $4,187,992 $3,568,694 $4,845,752 $4,291,086 Business purpose loans:Single-family rental loans (1)$98,341 $108,203 $1,194,243 $1,248,197 $1,292,584 $1,356,400 Single-family transitional loans (2) (3)8,468 22,430 866,733 1,078,425 875,201 1,100,855 Multifamily transitional loans— — 730,774 938,926 730,774 938,926 Total Business purpose loans$106,809 $130,633 $2,791,750 $3,265,548 $2,898,559 $3,396,181 Legacy RPL/NPL loans436,270 457,654 597,435 624,895 1,033,705 1,082,549 Other loans— — 51,458 52,073 51,458 52,073 Allowance for Credit Losses(9,949)(10,665)— — (9,949)(10,665)Total Residential whole loans$1,190,890 $1,300,014 $7,628,635 $7,511,210 $8,819,525 $8,811,224 Number of loans5,250 5,582 18,676 18,588 23,926 24,170 (1)No loans were held-for-sale as of June 30, 2025 and December 31, 2024. There were no gains/(losses) on held-for-sale loans for the six months ended June 30, 2025. For the three months ended March 31, 2024, the Company recorded a