MFA Financial Announces $111.7 Million Third Quarter Net Loss and Management Changes
MFA MFA Financial Inc
$5.97 -4.94%
View chart & analysis → - 1MFA Financial recorded a GAAP net loss of $111.7 million in the third quarter.
- 2During the quarter, 2-year Treasury yields rose by 70bp and 10-year Treasury yields rose by 85bp.
- 3MFA Financial reported realized credit losses per share of $0.44 available for distribution in the third quarter.
So what's the key point?
MFA Financial reported a loss of $111.7 million in the third quarter. The company incurred losses as Treasury yields rose.
Source The Motley Fool +1 · View original ↗
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