Michael Roper Assumes the role of CFO at MFA Financial

MFA Financial, Inc. (NYSE: MFA) has officially announced the appointment of Michael C. Roper as Chief Financial Officer, effective from the close of business on September 15, 2023. Mr. Roper takes over the role from Stephen D. Yarad, who is stepping down as MFA’s Chief Financial Officer to assume the position of chief financial officer at another company.

Michael C. Roper, 36, has been with MFA since 2014 and has held various accounting and financial reporting-related positions within the company. Since January 2019, he has served as Senior Vice President of MFA and, as of December 2021, Chief Accounting Officer. Mr. Roper will continue in these roles as part of his new responsibilities.

Before joining MFA, Mr. Roper served as the Assistant Controller for Apollo Residential Mortgage, Inc. He began his career at Ernst & Young LLP, primarily focusing on providing client services to publicly traded mortgage REITs. He is a Certified Public Accountant and holds a B.S. degree from Bentley University and an M.S. degree from Pace University.

MFA Financial, Inc. is a prominent specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities, and other real estate assets. It also operates through its wholly-owned subsidiary, Lima One Capital, where it originates and services business purpose loans for real estate investors. Since its initial public offering in 1998, MFA has distributed over $4.6 billion in dividends to stockholders. MFA is an internally managed, publicly traded real estate investment trust.

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