For the full year 2025, MFA paid common dividends of $1.44 and delivered a total economic return of approximately 9%. Performance was bolstered by the deployment of excess cash into target assets to eliminate earnings drag, including the acquisition of $1.2 billion in Agency securities, $443 million of non-QM loans, and $226 million of business purpose loans originated by Lima One. The company is aggressively resolving delinquent loans, having cleared over $150 million in Q4, which unlocks capital for ...

Kardis also said Chimera increased third-party assets under management to $26 billion from $22 billion, added advisory services to three securitizations, and integrated loan data into the Palisades systems, which he said was improving legacy portfolio performance. He added that while the company issued about $120 million of unsecured debt, most funding for the repositioning came from internal portfolio actions, including asset sales and collapsing select securitizations that generated about $485 million, fo ...