Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 216

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 3
Chunk 216
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inquencies and defaults on these loans are higher than our expectation at the time the loans were purchased, the discounted purchase price at which the asset is acquired is intended to provide a level of protection against financial loss. 

The following table presents certain information about our Residential whole loans as of June 30, 2025:

Non-QM loansSingle-family rental loansSingle-family transitional loansMultifamily transitional loansLegacy RPL/NPL loans Loans with an LTV:Loans with an LTV:Loans with an LTV:Loans with an LTV:Loans with an LTV:(Dollars in Thousands)80% or BelowAbove 80%80% or BelowAbove 80%80% or BelowAbove 80%80% or BelowAbove 80%80% or BelowAbove 80%Amortized cost$4,776,175 $226,258 $1,307,355 $22,559 $815,028 $75,019 $718,976 $51,369 $837,113 $115,224 Unpaid principal balance (UPB)$4,657,755 $222,198 $1,301,580 $22,542 $812,329 $73,654 $714,771 $50,039 $982,518 $180,708 Weighted average coupon (1)6.7 %7.2 %6.4 %6.2 %10.4 %10.2 %9.7 %9.6 %5.1 %5.0 %Weighted average term to maturity (months)339 342 316 320 6 1 4 2 240 291 Weighted average LTV (2)63 %85 %66 %142 %65 %111 %62 %90 %46 %103 %Loans 90+ days delinquent UPB$121,600 $16,521 $27,571 $17,735 $50,442 $33,378 $41,364 $21,131 $148,744 $46,044 

(1)Weighted average is calculated based on the interest bearing principal balance of each loan within the related category.  For loans acquired with servicing rights released by the seller, interest