MFA Financial, Inc. Appoints Craig L. Knutson as Co-Chief Executive Officer

 MFA Financial, Inc. Appoints Craig L. Knutson as Co-Chief Executive Officer

- Current MFA President and COO to Oversee Company Alongside CEO William S.
Gorin -

PR Newswire

NEW YORK, July 31, 2017

NEW YORK, July 31, 2017 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today
announced that its Board of Directors has appointed Craig L. Knutson as the
Company's co-Chief Executive Officer. A nine-year veteran of MFA and currently
the firm's President and Chief Operating Officer, Mr. Knutson will provide
additional leadership atop the Company while working alongside current Chief
Executive Officer William S. Gorin, allowing Mr. Gorin to focus on his ongoing
treatment for cancer.

"We are very pleased to appoint Craig to the position of co-CEO," said George
Krauss, Chairman of the Board of MFA Financial. "We are very fortunate that
Bill has helped develop such a strong and deep management team, led by Craig,
who for nearly a decade now has helped grow our business while pushing it into
new and profitable residential mortgage investments. As a Board we are
incredibly supportive of Bill as he focuses on his health and have complete
confidence in the strong management team at MFA. Our team is well-positioned
to continue to implement MFA's strategy and deliver strong results for our

"Since joining the firm in 2008, I have worked closely with Bill on developing
and implementing all aspects of our business, and that will not change," said
Mr. Knutson. "Bill has established a strong strategic framework for the firm,
and I look forward to continuing to work with him and the senior management

About MFA Financial, Inc.
MFA is a real estate investment trust primarily engaged in the business of
investing, on a leveraged basis, in residential mortgage assets, including
residential mortgage-backed securities and residential whole loans.

Investor Contact: 
MFA Investor Relations                 

Media Contact:
Tom Johnson
Abernathy MacGregor
(212) 371-5999

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SOURCE MFA Financial, Inc.

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