MFA Financial's Post-COVID Restructuring Is Largely Complete
Last year was hard for the financial sector. 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. The company has largely navigated the crisis, however, and is now looking toward the future.
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Source Fool.com
