Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 485

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7A
Chunk 485
---
 Ended December 31, 2024(In Thousands)Single-family transitional loans (1)(2)Single-family rental loansNon-QM loansLegacy RPL/NPL loans (3)TotalsAllowance for credit losses at December 31, 2023$2,587 $4,355 $1,871 $11,638 $20,451 Current provision/(reversal)(472)228 (190)(26)(460)Write-offs(416)59 — (22)(379)Allowance for credit losses at March 31, 2024$1,699 $4,642 $1,681 $11,590 $19,612 Current provision/(reversal)(317)978 (326)(1,414)(1,079)Write-offs(81)(5,011)— (170)(5,262)Allowance for credit losses at June 30, 2024$1,301 $609 $1,355 $10,006 $13,271 Current provision/(reversal)48 205 387 (2,582)(1,942)Write-offs(181)(439)— (52)(672)Allowance for credit losses at September 30, 2024$1,168 $375 $1,742 $7,372 $10,657 Current provision/(reversal)379 184 383 (548)398 Write-offs(158)(193)— (39)(390)Allowance for credit losses at December 31, 2024$1,389 $366 $2,125 $6,785 $10,665 Year Ended December 31, 2023(Dollars In Thousands)Single-family transitional loans (1)(2)Single-family rental loansNon-QM loansLegacy RPL/NPL loans (3)TotalsAllowance for credit losses at December 31, 2022$5,223 $1,277 $7,359 $21,455 $35,314 Current provision406 514 (214)(391)315 Write-offs(2,003)(451)— (113)(2,567)Allowance for credit losses at March 31, 2023$3,626 $1,340 $7,145 $20,951 $33,062 Current provision/(