Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 150

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 150
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 at carrying value— — — — Other, net(85)914 488 1,317 Other Income/(Loss), net$33,874 $(3,029)$(996)$29,849 Compensation and benefits$— $10,765 $10,982 $21,747 Other general and administrative expense115 4,936 5,784 10,835 Loan servicing, financing and other related costs4,796 615 3,306 8,717 Amortization of intangible assets— 800 — 800 Income/(loss) before income taxes$61,223 $4,889 $(23,820)$42,292 Provision for/(benefit from) income taxes— — 346 346 Net Income/(Loss)$61,223 $4,889 $(24,166)$41,946 Less Preferred Stock Dividend Requirement$— $— $8,218 $8,218 Net Income/(Loss) Available to Common Stock and Participating Securities$61,223 $4,889 $(32,384)$33,728 

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Table of ContentsMFA FINANCIAL, INC.NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSJUNE 30, 2025

(In Thousands)Mortgage-Related AssetsLima OneCorporateTotalSix months ended June 30, 2025Interest Income$238,753 $125,102 $4,994 $368,849 Interest Expense161,783 79,171 9,082 250,036 Net Interest Income/(Expense)$76,970 $45,931 $(4,088)$118,813 Reversal/(Provision) for Credit Losses on Residential Whole Loans(936)— — (936)Reversal/(Provision) for Credit Losses on Other Assets— — — — Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$76,034 $45,931 $(4,088)$117,877 Net gain/(loss) on residential whole loans measured at fair value through earnings$76,780 $11,211 $— $87,991 Impairment and other net gain/(loss) on securities and other portfolio investments24,442 (7