Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 151

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 151
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 otherwise been reported as the fair value of the Swap, generally to zero. The following table presents the assets pledged as collateral against the Company’s Swaps:(In Thousands)December 31,2024December 31,2023Agency MBS, at fair value$44,411 $41,179 Restricted Cash16,567 22,880 At December 31, 2024, the Company had Swaps with an aggregate notional amount of $3.3 billion and an average maturity of approximately 38 months with a maximum term of approximately 118 months.  The following table presents information about the Company’s Swaps at December 31, 2024 and 2023:  December 31, 2024December 31, 2023Maturity (1)NotionalAmountWeightedAverageFixed-PayInterest RateWeightedAverage VariableInterest Rate (2)NotionalAmountWeightedAverageFixed-PayInterest RateWeightedAverage VariableInterest Rate (2)(Dollars in Thousands)      Within 30 days450,000 1.16 %4.49 %$— — %— %Over 30 days to 3 months100,000 1.65 4.49 100,000 1.49 5.38 Over 3 months to 6 months125,000 2.69 4.49 — — — Over 6 months to 12 months— — — 450,010 0.90 5.38 Over 12 months to 24 months450,000 1.12 4.49 675,000 1.52 5.38 Over 24 months to 36 months1,045,000 1.84 4.49 450,000 1.12 5.38 Over 36 months to 48 months24,600 4.28 4.49 975,000 1.73 5.38 Over 48 months to 60 months574,000 3.28 4.49 24,600 4.28 5.38 Over 60 months to 72 months— — — 310,000 2.95 5.38 Over 72 months545,150 3.42 4.49 292,650 4.