MFA News & Events

Reports Q4 economic book value per share $13.75. Total economic return was 3.1% for the fourth quarter. "We continued to execute on our strategic initiatives during the fourth quarter," said Craig Knutson, MFA's CEO. "We acquired $1.2 billion of Agency MBS and $443 million of Non-QM loans, and Lima One originated $226 million of new business purpose loans. We deployed approximately $100 million of excess cash on our balance sheet into our target asset classes. In addition, we continued to reduce operating expenses, resolve non-performing loans, grow the Lima One sales force and repurchase our common stock at accretive levels. These efforts resulted in a total economic return of 3.1% for the quarter and 9.0% for the year."

MFA also announced that its board of directors has authorized a new $200M stock repurchase program for the company's common stock, which will be in effect through the end of 2028. The new program supersedes the company's prior repurchase program, which expired at the end of 2025.