MFA Financial Inc（MFA）のニュースとイベントMFAMFA Financial Inc

MFA Financial Announces Executive Leadership Changes

MFA Financial announced upcoming changes to its executive leadership positions as part of the company's long-term succession planning. The leadership changes will take effect in 2027. Craig L. Knutson, 67, MFA's Chief Executive Officer, will retire from his position, effective June 30, 2027. To facilitate continuity and provide the Company's Board of Directors and management with the benefit of Mr. Knutson's long-time institutional knowledge of the Company and its operational strategy, Mr. Knutson is expected to remain on the Board following his retirement and will stand for reelection to the Board at MFA's 2027 annual meeting of stockholders. Bryan Wulfsohn, MFA's current President and Chief Investment Officer, will become President and Chief Executive Officer, effective July 1, 2027. Mr. Wulfsohn will also become a member of the Board effective January 1, 2027, increasing the size of the Board to eight directors. Mr. Wulfsohn is a 16-year veteran of MFA with extensive experience managing the selection, oversight and funding of the Company's investment portfolios, and he has served as President since September 2024 and Chief Investment Officer or Co-Chief Investment Officer since January 2019. MFA also announced that Andrew P. Kail will join the Company as Senior Vice President and Chief Investment Officer, effective January 1, 2027. Mr. Kail, a veteran of the mortgage finance industry for over 25 years, served most recently as Managing Director, Head of Residential Lending, at Starwood Capital Group, a position he held from 2022 through earlier this year. Prior thereto, he was Director of Business Development at Aspen Capital from 2019 to 2022. Earlier in his career Mr. Kail also held senior leadership positions in mortgage finance with Fortress Investment Group, RBS Securities Inc. and Bear Stearns & Co., Inc.

MFA Reports Q1 Economic Book Value Per Share at $13.22

Reports Q1 economic book value per share $13.22. "We continued to make progress on our strategic initiatives during the first quarter of 2026 despite volatile market conditions and geopolitical developments," said Craig Knutson, MFA's Chief Executive Officer. "We grew our investment portfolio to $12.5 billion, issued two Non-QM securitizations and resolved $163 million of previously delinquent loans. We also announced our Manhattan office relocation that is expected to save $4 million annually. This quarter, we introduced a new non-GAAP measure of Distributable earnings prior to realized credit losses to provide additional clarity on our operating earnings without short term volatility from runoff transitional loan resolutions. Finally, we again repurchased over 500,000 shares of our common stock at accretive levels."

MFA Reports Q4 Economic Book Value per Share at $13.75

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."