secwatch.observer — SEC 8-K summary
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Issuer:     MFA FINANCIAL, INC. (MFA)
CIK:        0001055160
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001104659-22-055592
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

MFA Financial Q1 2022 GAAP loss of $0.86/share; Distributable Earnings $0.62
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- GAAP net loss of $91.1M ($(0.86)/share); Distributable Earnings (non-GAAP) of $66.0M ($0.62/share).
- GAAP book value fell 6.7% to $17.84; Economic book value declined 8.6% to $18.81 per share.
- Unrealized losses of $288.4M on fair-value loans partly offset by $158.2M gains on derivatives and securitized debt.
- Loan acquisitions of $1.2B drove net portfolio growth of ~$330M; completed $569.9M Non-QM securitizations.
- Repurchased 3.2M shares at avg $17.15 in Q1; another 2.8M repurchased through Apr 29 at avg $14.48.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1055160/000110465922055592/0001104659-22-055592-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1055160/000110465922055592/tm2214408d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-055592

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer