MFA Financial Q4 Earnings Call Highlights

On the policy front, Knutson said a focus on housing affordability in Washington appeared supportive for mortgage markets, referencing an initiative for the GSEs to buy $200 billion of agency MBS and expectations for additional rate cuts later in 2026.Knutson also pointed to declining Treasury yields and a steeper curve, with the 2-year yield down 77 basis points and the 10-year yield down 39 basis points for the year. The 2-10 spread steepened from 32 basis points at the start of 2025 to 70 basis points at ...