Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 23

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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September 30, 2024June 30, 2024March 31, 2024Non-QM LoansNet Yield (1)5.79 %5.78 %5.63 %5.47 %5.49 %5.39 %Cost of Funding (2)(5.14)%(5.08)%(5.12)%(5.22)%(5.18)%(5.12)%Impact of net Swap carry (3)0.70 %0.77 %1.36 %1.75 %1.63 %1.68 %Net Interest Spread1.35 %1.47 %1.87 %2.00 %1.94 %1.95 %Business Purpose LoansNet Yield (1)7.99 %8.09 %7.73 %7.91 %7.99 %7.66 %Cost of Funding (2)(6.07)%(6.15)%(6.39)%(6.66)%(6.72)%(6.66)%Impact of net Swap carry (3)0.42 %0.45 %0.80 %1.01 %0.92 %0.99 %Net Interest Spread2.34 %2.39 %2.14 %2.26 %2.19 %1.99 %Legacy RPL/NPL LoansNet Yield (1)8.69 %7.01 %7.52 %7.75 %8.72 %7.62 %Cost of Funding (2)(4.29)%(4.24)%(4.23)%(4.64)%(4.77)%(4.51)%Impact of net Swap carry (3)0.40 %0.31 %0.19 %0.56 %1.07 %1.07 %Net Interest Spread4.80 %3.08 %3.48 %3.67 %5.02 %4.18 %Total Residential Whole LoansNet Yield (1)6.85 %6.77 %6.65 %6.74 %6.92 %6.63 %Cost of Funding (2)(5.35)%(5