Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 164

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 164
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 transitional loansMultifamily transitional loansLegacy RPL/NPL loansSecurities, at fair valueOther, net (1)TotalAsset Amount$4,844 $1,291 $875 $731 $1,027 $1,830 $730 $11,328 Financing Agreements with Non-mark-to-market Collateral Provisions— (8)(107)(142)— — — (257)Financing Agreements with Mark-to-market Collateral Provisions(821)(251)(201)(148)(77)(1,602)(61)(3,161)Securitized Debt(3,457)(862)(418)(291)(867)— (9)(5,904)Senior Notes— — — — — — (184)(184)Net Equity Allocated$566 $170 $149 $150 $83 $228 $476 $1,822 Debt/Net Equity Ratio (2)7.6 x6.6 x4.9 x3.9 x11.4 x7.0 x5.2 x

(1)Includes $275.7 million of cash and cash equivalents, $269.2 million of restricted cash, $51.5 million of Other loans and $20.2 million of capital contributions made to loan origination partners, as well as other assets and other liabilities.    

(2)Total Debt/Net Equity ratio represents the sum of borrowings under our financing agreements as a multiple of net equity allocated. 

62  

Residential Whole Loans

The following table presents the contractual maturities of our residential whole loan portfolios at June 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