Attached files

file filename
10-K - 10-K MFA FINANCIAL, INC. - MFA FINANCIAL, INC.mfa-12312017x10k.htm
EX-32.2 - EXHIBIT 32.2 - MFA FINANCIAL, INC.exhibit322certificationofc.htm
EX-32.1 - EXHIBIT 32.1 - MFA FINANCIAL, INC.exhibit321certficationofce.htm
EX-31.2 - EXHIBIT 31.2 - MFA FINANCIAL, INC.exhibit312certificationofc.htm
EX-31.1 - EXHIBIT 31.1 - MFA FINANCIAL, INC.exhibit311certificationofc.htm
EX-23.1 - EXHIBIT 23.1 - MFA FINANCIAL, INC.exhibit231consentofkpmg123.htm
EX-21 - EXHIBIT 21 - MFA FINANCIAL, INC.exhibit21subsidiariesofthe.htm


Exhibit 12.1

Computation of Ratio of Debt-to-Equity
 

(Dollars in Thousands)
 
At December 31, 2017
Repurchase agreements and other advances
 
$
6,614,701

Obligation to return securities obtained as collateral, at fair value
 
504,062

Securitized debt
 
363,944

Senior Notes
 
96,773

Total Debt
 
$
7,579,480

 
 
 
 
 
 
Stockholders' Equity
 
$
3,261,636

 
 
 
Ratio of Debt-to-Equity
 
2.3
:1
Debt-to-Equity Multiple
 
2.3
 x