MFA FINANCIAL, INC.
MFA Financial, Inc. (NYSE: MFA) operates as a specialty finance company focused on investing in and financing residential mortgage assets. The company maintains its website at www.mfafinancial.com and conducts business as an internally-managed real estate investment trust that has been operating since its… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What MFA FINANCIAL, INC. does
In the company’s own words
MFA Financial, Inc. (NYSE: MFA) operates as a specialty finance company focused on investing in and financing residential mortgage assets. The company maintains its website at www.mfafinancial.com and conducts business as an internally-managed real estate investment trust that has been operating since its incorporation in Maryland in 1997.
The company's investment portfolio centers on three primary asset categories: residential whole loans, residential mortgage securities, and real estate owned properties. Residential whole loans comprise approximately 68 percent of total assets and include non-qualified mortgage loans, business purpose loans for real estate investors, transitional rehabilitation loans, single-family rental loans, and legacy non-performing or re-performing loans. Through its wholly-owned subsidiary Lima One Capital, the company originates and services business purpose loans nationwide, having funded more than 7.3 billion dollars in loans since the full acquisition in July 2021. The residential mortgage securities portfolio includes Agency mortgage-backed securities guaranteed by government-sponsored enterprises, non-Agency mortgage-backed securities, and credit risk transfer securities. As of December 31, 2025, residential mortgage securities represented approximately 27 percent of total assets.
MFA Financial finances its investment portfolio primarily through loan securitizations, term warehouse facilities, and repurchase agreements. The company employs 307 people as of year-end 2025, including 250 employees within the Lima One subsidiary. During 2025, the company acquired approximately 2.7 billion dollars in residential whole loans and opportunistically added 2.1 billion dollars in Agency mortgage-backed securities.
The company maintains qualification as a REIT for federal income tax purposes and operates through wholly-owned subsidiaries to preserve an exemption from registration under the Investment Company Act of 1940. This structure ensures that less than 40 percent of adjusted total assets consist of investment securities as defined by the Investment Company Act. MFA Financial competes with financial institutions, specialty finance companies, insurance companies, institutional investors, hedge funds, and other mortgage REITs in acquiring and holding residential mortgage assets.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1055160
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns MFA FINANCIAL, INC. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · MFA FINANCIAL, INC.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
MFA FINANCIAL, INC.’s bonds, as funds hold them
Funds report holding 1 issues of MFA FINANCIAL, INC.’s debt, $0.47M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.88%, maturing 2029 to 2029.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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