Company: MFAN
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001055160-25-000007
Chunk: 252

Company: MFA FINANCIAL, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 252
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 are primarily secured by pools of residential mortgages, which are not guaranteed by an agency of the U.S. Government or any federally chartered corporation.  At March 31, 2025, and December 31, 2024, the Company had $22.9 million and $22.6 million, respectively, of Non-Agency MBS.  These securities were acquired on the de-consolidation of certain trusts that held previously securitized Agency Eligible investor loans.The following tables present certain information about the Company’s Agency MBS and other Securities: March 31, 2025(In Thousands)Principal/CurrentFacePurchase PremiumsAccretablePurchase DiscountsDiscount Designated as Credit Reserve (1)GrossAmortizedCostGrossUnrealized GainsGrossUnrealized LossesNetUnrealized Gain/(Loss)Fair ValueAgency MBS$1,642,078 $5,431 $(6,037)$— $1,641,472 $11,619 $(4,898)$6,721 $1,648,193 Other Securities (2)(3)(4)143,750 15,812 (5,410)(23,691)130,461 11,766 (135)11,631 142,092 Total residential mortgage securities (2)(3)(4)$1,785,828 $21,243 $(11,447)$(23,691)$1,771,933 $23,385 $(5,033)$18,352 $1,790,285 December 31, 2024(In Thousands)Principal/CurrentFacePurchase PremiumsAccretablePurchase DiscountsDiscount Designated as Credit Reserve (1)GrossAmortizedCostGrossUnrealized GainsGrossUnrealized LossesNetUnrealized Gain/(Loss)Fair ValueAgency MBS$1,403,891 $5,534 $(3,525)$— $1,405,900 $2,318 $(15,583)$(13,265)$1,392,635 Other Securities  (2)(3)(4)146,808 14,747 (5,662)(23,691)132,202 13,166 (490)12,676 144,878 Total residential mortgage securities (2)(3)(4)$1,550,699 $20