---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-114256"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T07:48:38.572878+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MFA Financial reports Q3 GAAP loss of $63.2M; distributable earnings $28.2M

## Summary
- GAAP net loss of $63.2M ($0.62/share); distributable earnings (non-GAAP) of $28.2M ($0.28/share).
- Book value per share: GAAP $15.31, economic $15.82; recourse leverage 1.7x; unrestricted cash $434M.
- $750M securitized debt issued in Q3, $160M in Oct; 71% of financing non-mark-to-market.
- Net interest spread rose to 1.64% (+19.7% QoQ); net interest income $52.3M.
- Loan acquisitions $710.4M: $519.6M funded Business Purpose originations, $178.7M Non-QM loans.

## SEC filing metadata
- accession: 0001104659-22-114256
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1055160/000110465922114256/0001104659-22-114256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465922114256/tm2229465d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-114256
- JSON: https://secwatch.observer/filing/0001104659-22-114256.json
- Plain text: https://secwatch.observer/filing/0001104659-22-114256.txt

## Key facts
- Earnings Releases
  MFA FINANCIAL, INC. reported the third quarter ended September 30, 2022 results: net income ($63.2) million, EPS ($0.62) per common share.
  - Period: the third quarter ended September 30, 2022
  - Net income: ($63.2) million
  - EPS: ($0.62) per common share
  - Result: reported results
  source text: MFA generated a GAAP loss for the third quarter of ($63.2) million, or ($0.62) per common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1055160/000110465922114256/0001104659-22-114256-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.