Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 72

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 72
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 the U.S. Government or any federally chartered corporation.  At December 31, 2024, and December 31, 2023, the Company had $22.6 million and $23.8 million, respectively, of Non-Agency MBS.  These securities were acquired on the de-consolidation of certain trusts that held previously securitized Agency eligible investor loans.The following tables present certain information about the Company’s Agency MBS and other Securities, at December 31, 2024 and 2023: December 31, 2024(In Thousands)Principal/ CurrentFacePurchasePremiumsAccretablePurchaseDiscountsDiscountDesignated as Credit Reserve (1)Gross AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesNetUnrealizedGain/(Loss)Fair ValueAgency MBS$1,403,891 $5,534 $(3,525)$— $1,405,900 $2,318 $(15,583)$(13,265)$1,392,635 Other Securities (2)(3)(4)146,808 14,747 (5,662)(23,691)132,202 13,166 (490)12,676 144,878 Total residential mortgage securities (2)(3)(4)$1,550,699 $20,281 $(9,187)$(23,691)$1,538,102 $15,484 $(16,073)$(589)$1,537,513 December 31, 2023(In Thousands)Principal/ CurrentFacePurchasePremiumsAccretablePurchaseDiscountsDiscountDesignated as Credit Reserve (1)Gross AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesNetUnrealizedGain/(Loss)Fair ValueAgency MBS$554,300 $1,824 $(500)$— $555,624 $4,355 $(835)$3,520 $559,144 Other Securities (2)(3)(4)193,102 19,686 (5,637)(40,514)166,637 20,437 (128)20,309 186,946 Total residential mortgage securities (2)(3)(4)$747,402 $21,510 $(6,137)$(40,514)$722,261 $