Recent Updates — MFAO
MFA Financial announced that President and Chief Investment Officer Bryan Wulfsohn will succeed Craig L. Knutson as Chief Executive Officer, effective July 1, 2027. Mr. Wulfsohn, a 16-year company veteran who has served as President since September 2024, will also join the Board of Directors on January 1, 2027. Mr. Knutson, who has led the company since July 2017, will retire from his executive role but is expected to remain on the Board following reelection at the 2027 annual meeting. Additionally, Andrew P. Kail will join as Senior Vice President and Chief Investment Officer effective January 1, 2027. MFA Financial operates in the specialty finance sector, investing in residential mortgage loans, mortgage-backed securities, and originating business purpose real estate loans.
MFA Financial, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. The company generated GAAP net income of $36.2 million, or $0.35 per basic common share, and distributable earnings of $12.2 million, or $0.12 per share. Distributable earnings prior to realized credit losses were $36.7 million, or $0.35 per share. GAAP book value stood at $12.71 per share, while economic book value was $13.20 per share. The residential investment portfolio grew to $13.0 billion from $12.5 billion at the end of the first quarter. MFA acquired over $1.6 billion in assets, including $714 million of Agency MBS and $462 million of Non-QM loans. Lima One originations increased 44% to $316 million. The company repurchased over 500,000 common shares during the quarter. MFA Financial, Inc. is a real estate investment trust that invests in residential mortgage assets and originates business purpose loans.