Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 50

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 50
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,944 — 32,944 Net realized gain/(loss) on residential whole loans held at carrying value418 — — 418 Other, net1,326 (2,997)1,786 115 Other Income/(Loss), net$73,072 $13,557 $(1,201)$85,428 Compensation and benefits$— $42,885 $44,769 $87,654 Other general and administrative expense190 19,977 24,087 44,254 Loan servicing, financing and other related costs18,873 2,857 13,576 35,306 Amortization of intangible assets— 3,200 — 3,200 Income/(loss) before income taxes$174,862 $36,132 $(91,300)$119,694 Provision for/(benefit from) income taxes$— $— $443 $443 Net Income/(Loss)$174,862 $36,132 $(91,743)$119,251 Less Preferred Stock Dividend Requirement$— $— $32,875 $32,875 Net Income/(Loss) Available to Common Stock and Participating Securities$174,862 $36,132 $(124,618)$86,376     

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Table of ContentsMFA FINANCIAL, INC.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024

(Dollars in Thousands)Mortgage-Related AssetsLima OneCorporateTotalYear Ended December 31, 2023Interest Income$364,081 $228,825 $12,691 $605,597 Interest Expense242,930 170,587 15,601 429,118 Net Interest Income/(Expense)$121,151 $58,238 $(2,910)$176,479 Reversal/(Provision) for Credit Losses on Residential Whole Loans$8,539 $314 $— $8,853 Reversal/(Provision) for Credit Losses on Other Assets— — — — Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$129,690 $58,552 $(2,910)$185,332 Net gain/(loss) on residential whole loans measured at fair value