Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 11

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 11
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 partners, as well as other assets and other liabilities.    

(2)Total Debt/Net Equity ratio represents the sum of borrowings under our financing agreements as a multiple of net equity allocated. 

63  

Residential Whole Loans

The following table presents the contractual maturities of our residential whole loan portfolios at September 30, 2025.  Amounts presented do not reflect estimates of prepayments or scheduled amortization. 

(In Thousands)Non-QMloans (2)Business purpose loans (1)Legacy RPL/NPL loans (3)Other loansAmount due: Within one year$— $1,240,751 $2,138 $— After one year:Over one to five years— 168,996 9,312 — Over five years5,122,926 1,233,071 994,788 51,937 Total due after one year$5,122,926 $1,402,067 $1,004,099 $51,937 Total residential whole loans$5,122,926 $2,642,818 $1,006,238 $51,937 

(1)Excludes an allowance for credit losses of $1.9 million at September 30, 2025. 

(2)Excludes an allowance for credit losses of $2.2 million at September 30, 2025.  

(3)Excludes an allowance for credit losses of $6.0 million at September 30, 2025.

The following table presents, at September 30, 2025, the dollar amount of certain of our residential whole loans, contractually maturing after one year, and indicates whether the loans have fixed interest rates or adjustable interest rates:

(In Thousands)Non-QMloans (1) (2)Business purpose loans (1) (2)Legacy RPL/NPL loans (1) (2)Other loansInterest rates: Fixed$4,359,553 $1,088,725 $831,784 $51,937 Adjustable763,373 313,342 172,316 — Total$5,122,926 $1,402,067 $1,004,099 $51,937 

(1)Includes loans on which borrowers have defaulted and are not making payments of principal and/or interest as of September 30