Portfolio

Investment Portfolio

As of September 30, 2026

Non-QM Loans

Residential mortgage loans that do not meet the CFPB “qualified mortgage” definition

Agency MBS

Mortgage-backed securities issued and guaranteed by Fannie Mae and Freddie Mac

Single-family Rental (SFR) Loans

30-year loans on rental properties across the U.S.

Residential Transitional Loans

Short-term bridge, construction and rehab (“fix/flip”) loans on single-family and multifamily properties

Seasoned RPL/NPL

Residential mortgage loans originated prior to 2010 and acquired by MFA between 2014-2019

Recent MFA Loan Securitizations

MFA 2026-NQM3
$382M

Non-QM Loans
October 2026

MFA 2026-NPL1
$447M

Non-Performing Loans
September 2026

MFA 2026-NQM2
$309M

Non-QM Loans
June 2026

MFA 2026-INVR1
$508M

SFR Loans
May 2026