Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 154

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 154
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(3,131)Other Income/(Loss), net$46,618 $(5,294)$(1,040)$40,284 Compensation and benefits$— $10,757 $11,660 $22,417 Other general and administrative expense70 5,068 6,292 11,430 Loan servicing, financing and other related costs4,297 595 3,611 8,503 Amortization of intangible assets— 800 — 800 Income/(loss) before income taxes$73,194 $260 $(23,753)$49,701 Provision for/(benefit from) income taxes— — 1,518 1,518 Net Income/(Loss)$73,194 $260 $(25,271)$48,183 Less Preferred Stock Dividend Requirement$— $— $8,219 $8,219 Net Income/(Loss) Available to Common Stock and Participating Securities$73,194 $260 $(33,490)$39,964 

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Table of ContentsMFA FINANCIAL, INC.NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSSEPTEMBER 30, 2025

(In Thousands)Mortgage-Related AssetsLima OneCorporateTotalNine months ended September 30, 2025Interest Income$367,089 $179,812 $7,739 $554,640 Interest Expense251,633 113,769 13,635 379,037 Net Interest Income/(Expense)$115,456 $66,043 $(5,896)$175,603 Reversal/(Provision) for Credit Losses on Residential Whole Loans(1,212)— — (1,212)Reversal/(Provision) for Credit Losses on Other Assets— — — — Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$114,244 $66,043 $(5,896)$174,391 Net gain/(loss) on residential whole loans measured at fair value through earnings$111,749 $17,535 $— $129,284 Impairment and other net gain/(loss) on securities and other portfolio investments42,420 19 3,389 45,828 Net gain/(loss) on real