MFA Financial's Post-COVID Restructuring Is Largely Complete

Brent Nyitray, CFA, The Motley Fool
·4-min read
MFA Financial's Post-COVID Restructuring Is Largely Complete

Banks struggled with elevated delinquencies, particularly in commercial real estate, and real estate investment trusts (REITs), especially mall REITs and apartment REITs, struggled with tenant delinquencies. The year was particularly hard on mortgage REITs, and many struggled to survive. MFA Financial (NYSE: MFA) was one of those mortgage REITs.