Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 11

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 11
---
 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$— $1,431,738 $2,160 $— After one year:Over one to five years— 191,673 8,562 — Over five years4,845,752 1,275,148 1,022,985 51,458 Total due after one year$4,845,752 $1,466,822 $1,031,547 $51,458 Total residential whole loans$4,845,752 $2,898,559 $1,033,706 $51,458 

(1)Excludes an allowance for credit losses of $1.4 million at June 30, 2025. 

(2)Excludes an allowance for credit losses of $2.0 million at June 30, 2025.  

(3)Excludes an allowance for credit losses of $6.5 million at June 30, 2025.

The following table presents, at June 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$4,059,301 $1,141,750 $853,725 $51,458 Adjustable786,450 325,072 177,822 — Total$4,845,752 $1,466,822 $1,031,547 $51,458 

(1)Includes loans on which borrowers have defaulted and are not making payments of principal and/or interest as of June 30, 2025.

(2)Excludes an allowance for credit losses.

Our Transitional loans contain various contractual extension features, typically ranging from three to twenty-four months subject to certain conditions, generally including our consent. Transitional loans are generally only extended if the loan is current and in compliance with various other loan terms. Given the