Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 151

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 151
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)3,389 27,824 Net gain/(loss) on real estate owned(1,305)(3,114)— (4,419)Net gain/(loss) on derivatives used for risk management purposes(40,852)(8,454)— (49,306)Net gain/(loss) on securitized debt measured at fair value through earnings(25,756)(3,280)— (29,036)Lima One mortgage banking income— 11,524 — 11,524 Net realized gain/(loss) on residential whole loans held at carrying value(882)— — (882)Other, net(2,868)(6,394)2,328 (6,934)Other Income/(Loss), net$29,559 $1,486 $5,717 $36,762 Compensation and benefits$— $19,493 $23,072 $42,565 Other general and administrative expense(22)9,243 11,691 20,912 Loan servicing, financing and other related costs9,032 2,944 3,860 15,836 Amortization of intangible assets— 1,600 — 1,600 Income/(loss) before income taxes$96,583 $14,137 $(36,994)$73,726 Provision for/(benefit from) income taxes— — (634)(634)Net Income/(Loss)$96,583 $14,137 $(36,360)$74,360 Less Preferred Stock Dividend Requirement$— $— $18,779 $18,779 Net Income/(Loss) Available to Common Stock and Participating Securities$96,583 $14,137 $(55,139)$55,581 

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

(In Thousands)Mortgage-Related AssetsLima OneCorporateTotalSix months ended June 30, 2024Interest Income$196,616 $159,870 $7,176 $363,662 Interest Expense136,860 113,336 12,163 262,359 Net Interest Income/(Expense)$59,756 $46,534 $(4,987)$101,303