{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-015002","form_type":"8-K","ticker":"MFA","cik":"0001055160","company_name":"MFA FINANCIAL, INC.","filed_at":"2025-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.823050+00:00","generated_at":"2026-05-26T10:19:31.728393+00:00","sec_items":["2.02","7.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MFA Financial reports Q4 GAAP net loss $2.3M; full-year net income $86.4M","bullets":["Q4 GAAP net loss to common $2.3M ($0.02 loss per share); distributable earnings $40.8M ($0.39/share).","Full-year 2024 GAAP net income $86.4M ($0.83/share), up from $47.3M in 2023; dividend $0.35/share paid Jan 31.","GAAP book value $13.39, economic book value $13.93; total economic return -1.2% in Q4, 5.2% in 2024.","60+ day delinquencies rose to 7.5% from 6.7% QoQ; loan acquisitions totaled $1.2B in Q4 including $470M Non-QM.","Completed three securitizations in Q4 with over $1.0B UPB; Debt/Net Equity ratio 5.0x, recourse leverage 1.7x."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-015002","json":"https://secwatch.observer/filing/0001104659-25-015002.json","markdown":"https://secwatch.observer/filing/0001104659-25-015002.md","text":"https://secwatch.observer/filing/0001104659-25-015002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1055160/000110465925015002/0001104659-25-015002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1055160/000110465925015002/tm256786d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T10:19:31.728393+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}