Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 220

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 3
Chunk 220
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 extent that delinquencies and defaults on these loans are higher than our expectation at the time the loans were purchased, the discounted purchase price at which the asset is acquired is intended to provide a level of protection against financial loss. 

The following table presents certain information about our Residential whole loans as of September 30, 2025:

Non-QM loansSingle-family rental loansSingle-family transitional loansMultifamily transitional loansLegacy RPL/NPL loans Loans with an LTV:Loans with an LTV:Loans with an LTV:Loans with an LTV:Loans with an LTV:(Dollars in Thousands)80% or BelowAbove 80%80% or BelowAbove 80%80% or BelowAbove 80%80% or BelowAbove 80%80% or BelowAbove 80%Amortized cost$5,018,218 $229,924 $1,251,953 $15,701 $750,724 $57,971 $614,996 $25,733 $813,953 $109,146 Unpaid principal balance (UPB)$4,894,725 $226,179 $1,245,985 $21,833 $747,176 $57,076 $610,673 $25,255 $956,968 $171,291 Weighted average coupon (1)6.7 %7.4 %6.3 %6.4 %10.4 %10.4 %9.9 %10.0 %5.1 %5.0 %Weighted average term to maturity (months)338 343 314 313 6 1 3 2 239 287 Weighted average LTV (2)63 %85 %66 %134 %66 %122 %62 %94 %46 %103 %Loans 90+ days delinquent UPB$147,386 $14,075 $21,507 $14,718 $63,677 $21,129 $37,570 $2,982 $137,489 $37,505 

(1)Weighted average is calculated based on the interest bearing principal balance of each loan within the related category.  For loans acquired with servicing rights released by the