Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 182

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 182
---
 cash equivalent investments8,597 11,319 (2,722)Interest Income$368,849 $363,662 $5,187 Interest Expense:Asset-backed and other collateralized financing arrangements$240,954 $250,197 $(9,243)Other interest expense9,082 12,162 (3,080)Interest Expense$250,036 $262,359 $(12,323)Net Interest Income$118,813 $101,303 $17,510 Reversal/(Provision) for Credit Losses on Residential Whole Loans$(936)$1,539 $(2,475)Reversal/(Provision) for Credit Losses on Other Assets— (1,135)1,135 Net Interest Income after Reversal/(Provision) for Credit Losses$117,877 $101,707 $16,170 Other Income/(Loss), net:Net gain/(loss) on residential whole loans measured at fair value through earnings$87,991 $4,917 $83,074 Impairment and other net gain/(loss) on securities and other portfolio investments27,824 (7,618)35,442 Net gain/(loss) on real estate owned(4,419)2,871 (7,290)Net gain/(loss) on derivatives used for risk management purposes(49,306)66,028 (115,334)Net gain/(loss) on securitized debt measured at fair value through earnings(29,036)(33,104)4,068 Lima One mortgage banking income11,524 15,547 (4,023)Net realized gain/(loss) on residential whole loans held at carrying value(882)418 (1,300)Other, net(6,934)3,192 (10,126)Other Income/(Loss), net$36,762 $52,251 $(15,489)Operating and Other Expense:Compensation and benefits$42,565 $47,215 $(4,650)Other general and administrative expense20,912 22,830 (1,918)Loan servicing, financing and other related costs15,836 15,759 77 Amortization of intangible assets1,600 1,600 — Operating and Other Expense$80,913 $87,404 $(6,491