MFA FINANCIAL,INC. (NYSE:MFA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c)On July28, 2017, the Board of Directors of MFA Financial,Inc. (the “Company”) announced the appointment, effective immediately, of Craig L. Knutson, age 57, as Co-Chief Executive Officer of the Company in order to allow William S. Gorin, the Company’s Chief Executive Officer, to focus on his ongoing treatment for cancer. Mr.Knutson has been MFA’s president and chief operating officer since January2014 and prior thereto was an executive vice president of the Company from 2008 to 2013.
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A copy of the press release reporting on Mr.Knutson’s appointment is attached as Exhibit99.1 to this Current Report on Form8-K.
Item 9.01. Financial Statements and Exhibits.
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(d)
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Exhibits
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99.1
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Press release, dated July31, 2017, of MFA Financial,Inc.
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MFA FINANCIAL, INC. ExhibitEX-99.1 2 a17-18632_1ex99d1.htm EX-99.1 Exhibit 99.1 MFA Financial,…To view the full exhibit click here
About MFA FINANCIAL,INC. (NYSE:MFA)
MFA Financial, Inc. is a real estate investment trust (REIT). The Company operates as a holding company and conducts its real estate finance businesses through its subsidiaries. The Company’s segment is investing in residential mortgage assets. It invests in residential mortgage assets, including Agency mortgage backed securities (MBS), Non-Agency MBS, residential whole loans and CRT securities. Its objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. It selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. Its Agency MBS portfolio consists of Hybrids, 15-year fixed-rate mortgages and adjustable-rate mortgages. The Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and MBS collateralized by re-performing and non-performing loans (RPL/NPL MBS).