Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 346

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 4
Chunk 346
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Interest Rate Risk” included under Item 7A. of this Annual Report on Form 10-K and our Consolidated Statements of Cash Flows, included under Item 8 of this Annual Report on Form 10-K.)

The table below presents certain information about our borrowings under asset-backed financing agreements and securitized debt:

 Asset-backed Financing AgreementsSecuritized DebtQuarter Ended (1)Quarterly Average BalanceEnd of Period Balance Maximum Balance at Any Month-EndQuarterly Average BalanceEnd of Period Balance Maximum Balance at Any Month-End(In Thousands)        December 31, 2024$3,321,754 $3,176,824 $3,455,758 $5,586,928 $5,794,977 $5,794,977 September 30, 20243,441,493 3,450,136 3,450,136 5,257,841 5,288,997 5,288,997 June 30, 20243,556,701 3,660,342 3,660,342 5,029,703 5,047,613 5,078,946 March 31, 20243,645,218 3,611,212 3,686,018 4,792,515 4,794,400 4,812,304 December 31, 20233,682,792 3,576,952  3,717,477 4,438,548 4,750,805  4,750,805 September 30, 20233,574,547 3,486,440  3,766,848 4,014,161 4,332,936  4,332,936 June 30, 20233,148,269 3,370,327  3,370,327 3,924,422 3,969,274 4,043,482 March 31, 20233,145,555 3,042,802 3,189,587 3,680,042 3,830,309 3,838,654 

(1)The information presented in the table above excludes Senior notes (Note 6).

Cash Flows and Liquidity for the Year Ended December 31, 2024 

Our cash, cash equivalents