Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 152

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 152
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 performance in deciding where to focus resources to enhance the Company’s future performance.The following tables summarize segment financial information, which in total reconciles to the same data for the Company as a whole:   (In Thousands)Mortgage-Related AssetsLima OneCorporateTotalThree months ended September 30, 2025Interest Income$128,336 $54,710 $2,745 $185,791 Interest Expense89,849 34,599 4,553 129,001 Net Interest Income/(Expense)$38,487 $20,111 $(1,808)$56,790 Reversal/(Provision) for Credit Losses on Residential Whole Loans(276)— — (276)Reversal/(Provision) for Credit Losses on Other Assets— — — — Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$38,211 $20,111 $(1,808)$56,514 Net gain/(loss) on residential whole loans measured at fair value through earnings$34,969 $6,324 $— $41,293 Impairment and other net gain/(loss) on securities and other portfolio investments17,978 26 — 18,004 Net gain/(loss) on real estate owned1,691 (1,391)— 300 Net gain/(loss) on derivatives used for risk management purposes163 37 — 200 Net gain/(loss) on securitized debt measured at fair value through earnings(22,267)(2,379)— (24,646)Lima One mortgage banking income— 5,594 — 5,594 Net realized gain/(loss) on residential whole loans held at carrying value— — — — Other, net(1,114)(8,814)142 (9,786)Other Income/(Loss), net$31,420 $(603)$142 $30,959 Compensation and benefits$— $9,271 $8,914 $18,185 Other general and administrative expense— 5,237 5,532 10,769 Loan servicing, financing and other related costs4,550 1,911 3,755 10,216 Amortization of intangible assets— 300 — 300 Income/(loss) before income taxes$65