Share this article
Share this article
NEW YORK, Feb. 23, 2021 /PRNewswire/ MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the fourth quarter ended December 31, 2020.
Fourth Quarter 2020 financial results update:
MFA generated fourth quarter net income of $37.6 million, or $0.08 per common share.
MFA paid a regular cash dividend for the fourth quarter of $0.075 per share of common stock on January 29, 2021.
GAAP book value at December 31, 2020 was $4.54 per common share, while Economic book value, a non-GAAP financial measure of MFA s financial position that adjusts GAAP book value by the amount of unrealized market value changes in residential whole loans held at carrying value for GAAP reporting, was $4.92 per common share at quarter-end.
MGIC Investment Corporation Reports Fourth Quarter 2020 Results
Fourth Quarter 2020 Net Income of $151.4 million or $0.44 per Diluted Share
Fourth Quarter 2020 Adjusted Net Operating Income (Non-GAAP) of $149.5 million or $0.43 per Diluted Share
Full Year 2020 Net Income of $446.1 million or $1.29 per Diluted share
Full Year 2020 Adjusted Net Operating Income (Non-GAAP) of $456.8 million or $1.32 per Diluted Share
News provided by
Share this article
Share this article
MILWAUKEE, Feb. 23, 2021 /PRNewswire/ MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2020. Net income for the quarter was $151.4 million, or $0.44 per diluted share, compared to net income of $177.1 million, or $0.49 per diluted share, for the fourth quarter of 2019. Net income for the full year of 2020 was $446.1 million, or $1.29 per diluted share, compared to $673.8 million, or $1.85 per diluted share, for the full year of 2019.
’s Single-Family business today announced that its Credit Risk Transfer (CRT) program transferred credit risk via $4.8 billion of issuance on $167.2 billion of single-family mortgages from U.S. taxpayers to the private sector in the fourth quarter 2020. The issuance included STACR®, ACIS®, subordination and certain lender risk sharing transactions
. In 2020, the company transferred risk via $16.9 billion of issuances on more than $475.8 billion of mortgages.
“Despite a challenging environment, Freddie Mac’s Single-Family CRT program closed out its biggest year ever in 2020,” said Freddie Mac’s Mike Reynolds, Vice President of Single-Family CRT. “Our effectiveness in managing risk and tailoring transactions to investor needs and market conditions, together with our ongoing commitment to leadership in this asset class, helped drive demand for our CRT products.”
Metlife s Demand Futility Stockholder Claims Dismissed natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.