Company: MFAN
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001055160-25-000007
Chunk: 262

Company: MFA FINANCIAL, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 262
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.72 %7.9Agreements with mark-to-market collateral provisionsSecurities1,279,007 1,279,007 5.02 %0.2Total Agreements with mark-to-market collateral provisions$2,600,591 $2,600,050 6.01 %Agreements with non-mark-to-market collateral provisionsResidential whole loans and REO577,231 576,774 7.31 %10.4Securitized debtResidential whole loans5,891,815 5,794,977 4.98 %See Note 148.875% Senior Notes due 2029Unsecured115,000 111,270 9.83 %49.59.00% Senior Notes due 2029Unsecured75,000 72,390 9.94 %55.5Impact of net Swap carry(1.07)%Total Financing agreements (2)$9,259,637 $9,155,461 4.47 %(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 estimated fair value each period as a result of the Company’s fair value option election.  The fair value option was not elected for financing agreements held at carrying value.  Consequently, total financing agreements as presented reflects a summation of balances reported at fair and carrying value.  At March 31, 2025, the Company had $11.5 million of agreements with mark-to-market collateral provisions held at fair value, $184.4 million of agreements with non-mark-to-market collateral provisions held at fair value, and $5.3 billion of securitized debt held at fair value, with amortized cost bases of $11.5 million, $184.4 million, and $5.3 billion, respectively.  At December 31, 2024, the Company had $19.8 million of agreements with mark-to-market collateral provisions held at fair value, $284.8 million of agreements with non-mark-to-market collateral provisions held at fair value, and $5.2 billion of securitized debt held at fair value, with amortized cost bases of $19.8 million, $284.8 million, and $5.3 billion, respectively.  (2)Weight