Company: MFAN
Filing Date: 2025-11-18
Form Type: S-8
Source: 0001104659-25-113670
Chunk: 2

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-18
Form: S-8
Chunk 2
---

not be filed with the Securities and Exchange Commission (the “SEC”) either as part of this registration statement or as prospectuses
or prospectus supplements pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference
in this registration statement pursuant to Item 3 of Part II of this registration statement, taken together, constitute a prospectus
that meets the requirements of Section 10(a) of the Securities Act.

<div align='center'>PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>

| Item 3. | Incorporation of Documents by Reference. |

The following documents filed by the Company with
the SEC pursuant to the Securities Act, and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) are incorporated
herein by reference and made a part hereof:

(a)the
Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 20, 2025;

(b)the
Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the SEC on May 6, 2025;

(c)the
Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 6, 2025;

(d)the
Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 6, 2025;

(e)the
information specifically incorporated by reference into the Company’s Annual Report on Form 10-K for the year ended December 31,
2024 from the Company’s Definitive Proxy Statement on Schedule 14A, filed with the SEC on April 18, 2025;

(f)the
Company’s Current Reports on Form 8-K, filed with the SEC on each of March 4, 2025, June 5, 2025,
August 15, 2025,
and October 30, 2025;
and

(g)the
description of the Company’s common stock, par value $0.01 per share, contained in the Company’s registration statement on
Form 8-A filed with the SEC on March 26, 1998, including all amendments and reports filed for the purpose of updating such description.

<div align='center'>1</div>

All reports and