Upgrades Neutral Buy X

MFA MFA Financial

UBS

$10.50

Downgrades Outperform Mkt Perform X

MFA MFA Financial

Keefe Bruyette

$10

Initiated Buy X

MFA MFA Financial

Janney

$14

Upgrades Mkt Perform Outperform X

MFA MFA Financial

Keefe Bruyette

$11.25 $12

Initiated Neutral X

MFA MFA Financial

UBS

$12

Resumed Outperform X

MFA MFA Financial

Wedbush

$12

Upgrades Neutral Outperform X

MFA MFA Financial

Credit Suisse

$12.50

Downgrades Outperform Mkt Perform X

MFA MFA Financial

Keefe Bruyette

$12.75

Upgrades Mkt Perform Outperform X

MFA MFA Financial

Raymond James

$5.25

Downgrades Buy Neutral X

MFA MFA Financial

BTIG Research

Upgrades Mkt Perform Outperform X

MFA MFA Financial

Keefe Bruyette

Upgrades Mkt Perform Outperform X

MFA MFA Financial

Keefe Bruyette

Upgrades Mkt Perform Mkt Outperform X

MFA MFA Financial

JMP Securities

Downgrades Overweight Neutral X

MFA MFA Mortgage

JP Morgan

MFA  MFA Financial, Inc.

MFA Financial, Inc. is engaged in the real estate finance business. The Company's subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company's Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities. In addition to Non-Agency MBS investments, the Company invests in re-performing and non-performing residential whole loans through its interests in certain consolidated trusts. The mortgages collateralizing its Agency MBS portfolio are predominantly Hybrids, 15-year fixed-rate mortgages and adjustable-rate mortgages (ARMs).