secwatch.observer — SEC 8-K summary
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Issuer:     MFA FINANCIAL, INC. (MFA)
CIK:        0001055160
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001104659-22-114256
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1055160/000110465922114256/0001104659-22-114256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1055160/000110465922114256/tm2229465d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-114256

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