Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 488

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7A
Chunk 488
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(Dollars In Thousands)2024 - 202220212020PriorTotalBusiness purpose loansLTV <= 80% (1)$— $6,610 $15,868 $101,768 $124,246 LTV > 80% (1)— 98 2,096 4,193 6,387 Total Business purpose loans$— $6,708 $17,964 $105,961 $130,633 Twelve Months Ended December 31, 2024 Gross write-offs$— $12 $523 $5,885 $6,420 Non-QM loansLTV <= 80% (1)$— $38,174 $154,259 $518,904 $711,337 LTV > 80% (1)— 1,916 5,023 4,116 11,055 Total Non-QM loans$— $40,090 $159,282 $523,020 $722,392 Twelve Months Ended December 31, 2024 Gross write-offs$— $— $— $— $— Legacy RPL/NPL loansLTV <= 80% (1)$— $— $— $407,121 $407,121 LTV > 80% (1)— — — 50,533 50,533 Total Legacy RPL/NPL loans$— $— $— $457,654 $457,654 Twelve Months Ended December 31, 2024 Gross write-offs$— $— $— $284 $284 Total LTV <= 80% (1)$— $44,784 $170,127 $1,027,793 $1,242,704 Total LTV > 80% (1)— 2,014 7,119 58,842 67,975 Total Residential whole loans, at carrying value$— $46,798 $177,246 $1,086,635 $1,310,679 Twelve Months Ended December 31, 2024 Total Gross write-offs$— $12 $523 $6,169 $6,704 (1)LTV represents the ratio of the total unpaid principal balance of the loan to the