---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-024547"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T01:21:44.271419+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MFA Financial reports Q4 2022 GAAP loss of $1.5M; distributable earnings $49.4M

## Summary
- GAAP net loss of $1.5M ($0.02 per share); Distributable Earnings $49.4M ($0.48 per share).
- GAAP book value $14.87 per share; Economic book value $15.55 per share.
- Residential whole loan portfolio $7.5B; loan delinquencies improved (3.1% 60+ days on performing loans).
- Financing cost 3.7% unchanged despite 125bp Fed rate hike in Q4; unrestricted cash $334M.
- Lima One subsidiary record 2022 originations $2.3B (+42% YoY); Q4 loan acquisitions $480.6M.

## SEC filing metadata
- accession: 0001104659-23-024547
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1055160/000110465923024547/0001104659-23-024547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465923024547/tm237506d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-024547
- JSON: https://secwatch.observer/filing/0001104659-23-024547.json
- Plain text: https://secwatch.observer/filing/0001104659-23-024547.txt

## Key facts
- Earnings Releases
  MFA FINANCIAL, INC. reported the fourth quarter ended December 31, 2022 results: net income ($1.5) million, EPS $(0.02) per common share.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: ($1.5) million
  - EPS: $(0.02) per common share
  - Result: reported results
  source text: MFA generated a GAAP loss for the fourth quarter of ($1.5) million, or $(0.02) per common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1055160/000110465923024547/0001104659-23-024547-index.htm

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