MFA FINANCIAL, INC. — Director's Dealing 2020

May 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MFA FINANCIAL, INC. (MFA)
CIK: 0001055160
Period of Report: 2020-05-04

Reporting Person: BLANK STEPHEN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-04	Common Stock, par value $0.01 per share	A	19697	$1.65	Acquired	82684	Direct

Footnotes

F1: The reported acquisition represents shares granted to the Reporting Person in lieu of cash fees payable to the Reporting Person for his service as a Director for the first calendar quarter of 2020. Pursuant to the terms of the Second Forbearance Agreement, dated as of April 27, 2020, by and among MFA Financial, Inc. (the "Company") and certain of its repurchase agreement financing counterparties, the Company is contractually prohibited from paying cash fees to its Directors for such period.