Company Profile For MFA Financial, Inc.

MFA Financial, Inc., formerly MFA Mortgage Investments, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in mortgage-backed securities (MBS). The Company’s ARM-MBS portfolio consists primarily of Agency MBS and Senior MBS. The Company’s investment securities consists of hybrid MBS and adjustable-rate MBS (collectively, ARM-MBS) issued or guaranteed as by a federally chartered corporation, such as Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, or an agency of the United States Government, such as the Government National Mortgage Association (collectively, Agency MBS). The Company, through its wholly owned subsidiary, provides investment advisory services to third-party institutions with respect to its Agency MBS portfolio investments. In November 2008, the Company formed MFResidential Assets I, LLC (MFR LLC) as a wholly owned subsidiary to invest in senior MBS.

BRIEF: For the nine months ended 30 September 2009, MFA Financial, Inc.'s revenues decreased 1% to $384M. Net income applicable to Common totaled $183.5M vs. a loss of $7M. Revenues reflect decreased Cash & cash equivalent investments. Net income reflects a decrease interest expenses, the presence of gain on MBS forwards & net gain on sale of MBS vs. a loss and the absence of loss on termination of swaps net.

MFA Financial, Inc.
350 Park Avenue
21st Floor
New York   NY   10022
P: +1212.2076400
F: +1212.2076420

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