Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 257

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 257
---
$615,461 $722,392 $4,507,465 $3,568,694 $5,122,926 $4,291,086 Business purpose loans:Single-family rental loans (1)$92,023 $108,203 $1,154,572 $1,248,197 $1,246,595 $1,356,400 Single-family transitional loans (2) (3)7,051 22,430 785,028 1,078,425 792,079 1,100,855 Multifamily transitional loans— — 604,144 938,926 604,144 938,926 Total Business purpose loans$99,074 $130,633 $2,543,744 $3,265,548 $2,642,818 $3,396,181 Legacy RPL/NPL loans424,517 457,654 581,719 624,895 1,006,236 1,082,549 Other loans— — 51,937 52,073 51,937 52,073 Allowance for Credit Losses(10,083)(10,665)— — (10,083)(10,665)Total Residential whole loans$1,128,969 $1,300,014 $7,684,865 $7,511,210 $8,813,834 $8,811,224 Number of loans5,069 5,582 18,647 18,588 23,716 24,170 (1)No loans were held-for-sale as of September 30, 2025 and December 31, 2024. There were no gains/(losses) on held-for-sale loans for the nine months ended September 30, 2025. For the three months ended March 31, 2024, the Company recorded a $0.5 million gain on loans resulting from their sale, which were held-for-sale as of December 31, 2023.  There were no gains/(losses) on held-for-sale loans for the three months ended June 30, 2024 and September 30, 2024. (2)Includes $323.0 million and $442.4 million of loans collateralized by new construction projects at origination as of September