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MFA Financial, Inc.

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MFA Financial, Inc. Snapshot

3.9
based on 6 ratings

100% would recommend to a friend

Craig Knutson

100% approve of CEO

Description MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential mortgage-backed securities and residential whole loans. Our principal business objective is to generate net income for distribution to our stockholders resulting from the difference between the interest and other income we earn on our investments and the interest expense we pay on the borrowings that we use to finance our leveraged investments and our operating costs. We were incorporated in Maryland on July 24, 1997, began operations on April 10, 1998 and have elected to be treated as a REIT for U.S. federal income tax purposes. One of the requirements of maintaining our qualification as a REIT is that we must distribute at least 90% of our annual REIT taxable income to our stockholders. Our common stock and preferred stock are listed on the New York Stock Exchange under the symbols "MFA" and "MFA-B," respectively. Our senior notes due 2042 are listed on the NYSE under the symbol "MFO."

Life at MFA Financial, Inc.

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