---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-107456"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:20:21.431621+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MFA Q3 GAAP net income $0.36/shr; distributable earnings $0.20; book value $13.13

## Summary
- GAAP net income to common $37.3M ($0.36 basic EPS); distributable earnings $21.0M ($0.20/shr).
- Portfolio grew to $11.2B with $1.2B of acquisitions including $453M Non-QM and $473M Agency MBS.
- Lima One originations $260M, up 20% QoQ; mortgage banking income $5.6M.
- 60+ day delinquencies fell to 6.8% from 7.3%; resolved $223M of previously delinquent loans.
- Expects to deploy ~$100M excess cash and cut run-rate G&A by 7-10% from 2024 levels.

## SEC filing metadata
- accession: 0001104659-25-107456
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1055160/000110465925107456/0001104659-25-107456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465925107456/tm2530279d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-107456
- JSON: https://secwatch.observer/filing/0001104659-25-107456.json
- Plain text: https://secwatch.observer/filing/0001104659-25-107456.txt

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