MFA Financial, Inc. announced its Q4 2021 financial results, highlighting a rise in net interest income due to successful asset acquisitions and record originations at Lima One. The company acquired $1.4 billion of loans and grew the loan portfolio by nearly $800 million. Earnings were $0.08 per common share, impacted by market value decreases in the loan portfolio.
Net interest income increased to $70.1 million, driven by asset acquisitions and record origination volumes at Lima One.
Completed a securitization of $284.2 million of Single-Family Rental Loans and two securitizations of Agency Eligible Single-Family Rental loans totaling $652.9 million.
Loan portfolio grew by nearly $800 million during the quarter.
Repurchased 8.5 million shares of common stock at an average price of $4.42.
No specific forward guidance was provided in the earnings report.
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