Company: MFAN
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001055160-25-000007
Chunk: 140

Company: MFA FINANCIAL, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 140
---
Interest Expense66,852 56,590 5,575 129,017 Net Interest Income/(Expense)$28,548 $21,499 $(2,233)$47,814 Reversal/(Provision) for Credit Losses on Residential Whole Loans460 — — 460 Provision for Credit Losses on Other Assets(1,109)— — (1,109)Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$27,899 $21,499 $(2,233)$47,165 Net gain/(loss) on residential whole loans measured at fair value through earnings$(8,699)$(2,814)$— $(11,513)Impairment and other net gain/(loss) on securities and other portfolio investments(4,776)— — (4,776)Net gain/(loss) on real estate owned1,256 (265)— 991 Net gain/(loss) on derivatives used for risk management purposes36,158 13,783 — 49,941 Net gain/(loss) on securitized debt measured at fair value through earnings(11,576)(10,886)— (22,462)Lima One mortgage banking income— 7,928 — 7,928 Net realized gain/(loss) on residential whole loans held at carrying value418 — — 418 Other, net959 504 412 1,875 Other Income/(Loss), net$13,740 $8,250 $412 $22,402 Compensation and benefits$— $12,124 $13,344 $25,468 Other general and administrative expense6 5,637 6,352 11,995 Loan servicing, financing and other related costs5,270 519 1,253 7,042 Amortization of intangible assets— 800 — 800 Income/(loss) before income taxes$36,363 $10,669 $(22,770)$24,262 Provision for/(benefit from) income taxes— — 1,049 1,049 Net Income/(Loss)$36,363 $10,669 $(23,819)$23,213 Less Preferred Stock Dividend Requirement$— $— $8,219 $8,219 Net Income/(Loss