Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 455

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7A
Chunk 455
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$500,026 $413,517 $243,083 Other interest expense21,208 15,601 15,760 Interest Expense$521,234 $429,118 $258,843 Net Interest Income$202,731 $176,479 $223,576 Reversal/(Provision) for Credit Losses on Residential Whole Loans$3,084 $8,853 $2,646 Reversal/(Provision) for Credit Losses on Other Assets(1,135)— (28,579)Net Interest Income after Reversal/(Provision) for Credit Losses$204,680 $185,332 $197,643 Other Income/(Loss), net:Net gain/(loss) on residential whole loans measured at fair value through earnings$45,994 $89,850 $(866,762)Impairment and other net gain/(loss) on securities and other portfolio investments(10,869)6,225 (25,067)Net gain/(loss) on real estate owned3,136 9,392 25,379 Net gain/(loss) on derivatives used for risk management purposes78,503 3,761 255,179 Net gain/(loss) on securitized debt measured at fair value through earnings(64,813)(99,589)290,639 Lima One mortgage banking income32,944 43,384 46,745 Net realized gain/(loss) on residential whole loans held at carrying value418 (1,240)— Other, net115 11,331 8,623 Other Income/(Loss), net$85,428 $63,114 $(265,264)Operating and Other Expense:Compensation and benefits$87,654 $85,799 $76,728 Other general and administrative expense44,254 43,869 35,989 Loan servicing, financing and other related costs35,306 34,136 42,894 Amortization of intangible assets3,200 4,200 9,200 Operating and Other Expense$170,414 $168,004 $164,811 Income/(loss) before income taxes$119,694 $80,442 $(232,432)Provision for/(benefit from) income taxes$443 $278 $(851)Net Income/(Loss)$119,