Company: MFAN
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001055160-25-000007
Chunk: 139

Company: MFA FINANCIAL, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 139
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 gain/(loss) on residential whole loans measured at fair value through earnings$48,663 $5,717 $— $54,380 Impairment and other net gain/(loss) on securities and other portfolio investments20,435 (9)753 21,179 Net gain/(loss) on real estate owned69 (1,577)— (1,508)Net gain/(loss) on derivatives used for risk management purposes(25,562)(5,493)— (31,055)Net gain/(loss) on securitized debt measured at fair value through earnings(17,149)(4,782)— (21,931)Lima One mortgage banking income— 5,437 — 5,437 Net realized gain/(loss) on residential whole loans held at carrying value(539)— — (539)Other, net(745)(1,996)1,290 (1,451)Other Income/(Loss), net$25,172 $(2,703)$2,043 $24,512 Compensation and benefits$— $9,793 $13,464 $23,257 Other general and administrative expense8 4,376 5,907 10,291 Loan servicing, financing and other related costs4,243 1,148 1,861 7,252 Amortization of intangible assets— 800 — 800 Income/(loss) before income taxes$56,182 $5,382 $(21,260)$40,304 Provision for/(benefit from) income taxes— — (872)(872)Net Income/(Loss)$56,182 $5,382 $(20,388)$41,176 Less Preferred Stock Dividend Requirement$— $— $8,219 $8,219 Net Income/(Loss) Available to Common Stock and Participating Securities$56,182 $5,382 $(28,607)$32,957 

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Table of ContentsMFA FINANCIAL, INC.NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSMARCH 31, 2025

(In Thousands)Mortgage-Related AssetsLima OneCorporateTotalThree months ended March 31, 2024Interest Income$95,400 $78,089 $3,342 $176,831