# MFA FINANCIAL, INC. (MFA) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from MFA FINANCIAL, INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/MFA/mda/fy2025/): filed 2026-02-20; accession 0001055160-26-000004 (https://www.sec.gov/Archives/edgar/data/1055160/000105516026000004/mfa-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/MFA/mda/fy2024/): filed 2025-02-20; accession 0001055160-25-000004 (https://www.sec.gov/Archives/edgar/data/1055160/000105516025000004/mfa-20241231.htm)
- [FY 2023 MD&A](/company/MFA/mda/fy2023/): filed 2024-02-22; accession 0001055160-24-000005 (https://www.sec.gov/Archives/edgar/data/1055160/000105516024000005/mfa-20231231.htm)
- [FY 2022 MD&A](/company/MFA/mda/fy2022/): filed 2023-02-24; accession 0001055160-23-000006 (https://www.sec.gov/Archives/edgar/data/1055160/000105516023000006/mfa-20221231.htm)
- [FY 2021 MD&A](/company/MFA/mda/fy2021/): filed 2022-02-23; accession 0001055160-22-000005 (https://www.sec.gov/Archives/edgar/data/1055160/000105516022000005/mfa-20211231.htm)

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