Content area
Full Text
MFA Financial Inc. entered into a second forbearance agreement with its financing counterparties regarding its repurchase agreements.
Under the second agreement, financing counterparties agreed to forbear from exercising any rights or remedies under their respective repurchase agreements with the company, including selling collateral to enforce margin calls, through June 1. MFA Financial also agreed to pay $150 million in cash to the participating counterparties. The...