Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 148

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 148
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 performance in deciding where to focus resources to enhance the Company’s future performance.The following tables summarize segment financial information, which in total reconciles to the same data for the Company as a whole:   (In Thousands)Mortgage-Related AssetsLima OneCorporateTotalThree months ended June 30, 2025Interest Income$125,987 $59,830 $2,527 $188,344 Interest Expense84,424 38,099 4,545 127,068 Net Interest Income/(Expense)$41,563 $21,731 $(2,018)$61,276 Reversal/(Provision) for Credit Losses on Residential Whole Loans(791)— — (791)Reversal/(Provision) for Credit Losses on Other Assets— — — — Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$40,772 $21,731 $(2,018)$60,485 Net gain/(loss) on residential whole loans measured at fair value through earnings$28,117 $5,494 $— $33,611 Impairment and other net gain/(loss) on securities and other portfolio investments4,007 2 2,636 6,645 Net gain/(loss) on real estate owned(1,374)(1,537)— (2,911)Net gain/(loss) on derivatives used for risk management purposes(15,289)(2,962)— (18,251)Net gain/(loss) on securitized debt measured at fair value through earnings(8,607)1,502 — (7,105)Lima One mortgage banking income— 6,087 — 6,087 Net realized gain/(loss) on residential whole loans held at carrying value(343)— — (343)Other, net(2,123)(4,398)1,038 (5,483)Other Income/(Loss), net$4,388 $4,188 $3,674 $12,250 Compensation and benefits$— $9,700 $9,608 $19,308 Other general and administrative expense(30)4,867 5,784 10,621 Loan servicing, financing and other related costs4,790 1,796 1,998 8,584 Amort