Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 17

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 17
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 whole loans$154,568 $151,310 $3,258 Securities, at fair value28,778 24,670 4,108 Other interest-earning assets528 398 130 Cash and cash equivalent investments4,470 4,127 343 Interest Income$188,344 $180,505 $7,839 Interest Expense:Asset-backed and other collateralized financing arrangements$122,523 $118,431 $4,092 Other interest expense4,545 4,537 8 Interest Expense$127,068 $122,968 $4,100 Net Interest Income$61,276 $57,537 $3,739 Reversal/(Provision) for Credit Losses on Residential Whole Loans$(791)$(145)$(646)Reversal/(Provision) for Credit Losses on Other Assets— — — Net Interest Income after Reversal/(Provision) for Credit Losses$60,485 $57,392 $3,093 Other Income/(Loss), net:Net gain/(loss) on residential whole loans measured at fair value through earnings$33,611 $54,380 $(20,769)Impairment and other net gain/(loss) on securities and other portfolio investments6,645 21,179 (14,534)Net gain/(loss) on real estate owned(2,911)(1,508)(1,403)Net gain/(loss) on derivatives used for risk management purposes(18,251)(31,055)12,804 Net gain/(loss) on securitized debt measured at fair value through earnings(7,105)(21,931)14,826 Lima One mortgage banking income6,087 5,437 650 Net realized gain/(loss) on residential whole loans held at carrying value(343)$(539)196 Other, net(5,483)(1,451)(4,032)Other Income/(Loss), net$12,250 $24,512 $(12,262)Operating and Other Expense:Compensation and benefits$19,308 $23,257 $(3,949)Other general and administrative expense10,621 10,291 330 Loan servicing, financing and other related costs8,584 7,252 1,332 Amortization of intangible assets800 800