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About
MFA Financial, Inc. is a real estate investment trust. It engages in the business of investment, on a leveraged basis, in residential mortgage assets including Agency mortgage-backed securities (MBS), Non-Agency MBS, and residential whole loans. The company was founded by Stewart Zimmerman on July 24, 1997 and is headquartered in New York, NY. | |||
Description
MFA Financial, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), residential whole loans, and credit risk transfer securities. Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15 year and longer-term fixed rate mortgages, as well as by mortgages that have interest rates that reset more frequently. The company has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was founded in 1997 and is headquartered in New York, New York. | |||
