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Sunday, November 29, 2009, 9:46AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
MFA Financial, Inc. (MFA)On Nov 27: 7.32  Down 0.13 (1.74%)  
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MFA Financial, Inc.
350 Park Avenue
21st Floor
New York, NY 10022
United States - Map
Phone: 212-207-6400
Fax: 212-207-6420
Web Site: http://www.mfa-reit.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Mortgage Investment
Full Time Employees:22

BUSINESS SUMMARY 
MFA Mortgage Investments, Inc. operates as a real estate investment trust (REIT). The company primarily invests in mortgage-backed securities (MBS) that include hybrid and adjustable-rate MBS (ARM-MBS). Its assets primarily consist of ARM-MBS issued or guaranteed by a federally chartered corporation, including Fannie Mae or Freddie Mac, or an agency of the United States government, such as Ginnie Mae; and MBS-related receivables and cash. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. The company qualifies as a REIT for federal income tax purposes. It would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Mortgage Investments, Inc. was founded in 1997 and is headquartered in New York, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    MFA Financial, Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 53.9% of Russell 3000 companies and 43.9% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Stewart Zimmerman , 64
    Chairman, Chief Exec. Officer and Chairman of Capital Advisory Committee
    $ 2.17M $ 107.00K
    Mr. William S. Gorin , 50
    Pres and Chief Financial Officer
    $ 1.65M $ 86.00K
    Mr. Ronald A. Freydberg , 49
    Chief Investment Officer and Exec. VP
    $ 1.63M $ 75.00K
    Ms. Teresa D. Covello , 44
    Chief Accounting Officer, Sr. VP and Treasurer
    N/A N/A
    Mr. Timothy W. Korth II, 44
    Sr. VP of Bus. Devel., Sec. and Gen. Counsel
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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