Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 7

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 7
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reements with mark-to-market collateral provisionsSecurities1,279,007 1,279,007 5.47 %0.2Total Agreements with mark-to-market collateral provisions2,600,591 2,600,050 6.71 %Agreements with non-mark-to-market collateral provisionsResidential whole loans and REO577,231 576,774 7.82 %10.4Securitized debtResidential whole loans5,891,815 5,794,977 4.82 %See Note 14Convertible senior notesUnsecured— — 6.84 %8.875% Senior Notes due 2029Unsecured115,000 111,270 9.83 %49.59.00% Senior Notes due 2029Unsecured75,000 72,390 9.91 %55.5Impact of net Swap carry(1.24)%Total Financing agreements (2)$9,259,637 $9,155,461 4.54 %December 31, 2023(Dollars In Thousands)CollateralUnpaid Principal BalanceFair Value/Carrying Value (1)Weighted Average Cost of Funding (2)Weighted Average Term to Maturity (Months)Agreements with mark-to-market collateral provisionsResidential whole loans and REO$1,738,543 $1,737,651 7.23 %11.8Agreements with mark-to-market collateral provisionsSecurities622,603 622,603 5.75 %0.2Total Agreements with mark-to-market collateral provisions2,361,146 2,360,254 6.93 %Agreements with non-mark-to-market collateral provisionsResidential whole loans and REO1,217,671 1,216,697 7.71 %20.6Securitized debtResidential whole loans4,894,746 4,750,805 4.00 %See Note 14Convertible senior notesUnsecured209,589 208,989 6.94 %5.5Impact of net Swap carry(1.36)%Total Financing agreements (2)$8,683,152 $8,536,745 4.11 %(1)The Company has both financing agreements held at fair value and financing agreements held at their carrying value (amortized cost basis).  Financing agreements held at fair value are reported at