Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 102

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 102
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ment and Other Net Gain/(Loss) on Securities and Other Portfolio InvestmentsThe following table presents the components of Impairment and other net gain/(loss) on securities and other portfolio investments, which is presented in Other Income/(Loss), net in the consolidated statements of operations:Three Months EndedJune 30,Six Months EndedJune 30, (In Thousands)2025202420252024Net unrealized gain/(loss) on securities$4,008 $(3,186)$24,208 $(7,298)Net realized gain/(loss) from the sale of securities— 2,668 234 2,668 Impairment of securities— — — — Total Impairment and other net gain/(loss) on securities4,008 (518)24,442 (4,630)Net unrealized gain/(loss) on other portfolio investments2,636 (2,324)3,389 (2,988)Net realized gain/(loss) on other portfolio investments1 — (7)— Total Impairment and other net gain/(loss) on securities and other portfolio investments$6,645 $(2,842)$27,824 $(7,618)Unrealized Losses on Residential Mortgage Securities There were no gross unrealized losses on the Company’s AFS securities (whose changes in fair value are recorded through OCI) at June 30, 2025.  

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

There were no allowances for credit losses recorded with respect to the Company’s AFS securities for any of the periods presented.  The Company did not recognize an allowance for credit losses through earnings related to its AFS securities for the three and six months ended June 30, 2025 and 2024.  Impact of AFS Securities on AOCI The following table presents the impact of the Company’s AFS securities (whose changes in fair value are recorded through OCI) on its AOCI:Three Months EndedJune 30,Six Months EndedJune 30,(In Thousands)2025202420252024AOCI from AFS securities:    Unrealized gain on AFS securities at beginning of period$8,216 $19,526 $9,476 $17,698 Unrealized gain/(loss) on