MFA FINANCIAL, INC. — Director's Dealing 2011

Feb 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MFA FINANCIAL, INC. (MFA)
CIK: 0001055160
Period of Report: 2011-02-23

Reporting Person: KORTH TIMOTHY W (Senior VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	8.5% Series A Cumulative Redeemable Preferred Stock	P	18596	$25.51	Acquired	19596	Direct
2011-02-24	8.5% Series A Cumulative Redeemable Preferred Stock	P	1404	$25.52	Acquired	21000	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.44 to $25.53, inclusive. The reporting person undertakes to provide to MFA Financial, Inc. ("MFA"), any security holder of MFA, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each seperate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.50 to $25.53, inclusive.