MFA Financial, Inc. announced that its Board of Directors has elected Lisa Polsky to its Board effective January 1, 2020. Ms. Polsky has served as a member of Deutsche Bank AG’s U.S. Board since 2016, and she is a member of the Board of Trustees of Guardian Life’s Variable Products Trust, where she chairs the Audit Committee. Ms. Polsky also served on the Board of Directors of Piper Jaffray from 2007 to 2016, where she chaired the Audit Committee and the Compensation Committee. With the addition of Ms. Polsky, who will be filling the vacancy created by the resignation of Richard J. Byrne from the Board effective as of December 31, 2019, MFA’s Board will continue to be comprised of eight directors, seven of whom are independent and three of whom are women.
MFA Financial, Inc. is a specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Its targeted investments include principally residential whole loans and residential mortgage securities. Its residential whole loans include purchased performing loans, purchased credit deteriorated and purchased non-performing loans. Its residential mortgage securities include agency mortgage-backed securities (MBS), non-agency MBS, credit risk transfer securities and MSR-related assets, which include term notes backed directly or indirectly by mortgage servicing rights (MSRs). Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The Company, through its wholly owned subsidiary, Lima One Capital (Lima One), also originates and services business purpose loans for real estate investors.