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MFA Financial's CEO Presents At 2012 UBS Global Financial Services Conference (Transcript)

Stock quotes in this article: MFA 

MFA Financial, Inc. (MFA)

2012 UBS Global Financial Services Conference Call

May 8, 2012 8:00 AM ET

Executives

Stewart Zimmerman – Chairman and CEO

Bill Gorin – President

Presentation

Unidentified Participant

Good morning. Thank you for joining us for the first presentation of the morning. Pleased to have MFA with us today. They have a long track record investing in both agency and non-agency RMBS and one of the first agency mortgage REIT to diversify the non-agency. They are also a little bit different than their peers and that they take less interest rate risk, both on the agency and the non-agency side.

Representing MFA from my left is Stewart Zimmerman, Chairman and CEO; Bill Gorin, President; and Craig Knutson, Executive Vice President, who runs their non-agency RMBS business. I will turn it over to Stewart. Thank you.

Stewart Zimmerman



Thank you (inaudible). We appreciate the opportunity of speaking at the conference today and thank you all for attending. This will make my General Counsel very happy. So just a quick peek.

We are an internally managed and you can notice that that’s underlined. We are self advised and self managed real estate investment trust and we are positioned to benefit from our investment – I don’t know why that happened – in both agency and non-agency residential mortgage-backed securities.

So when folks look at us into the kind of – distinguish us from some of the peers – actually, I don’t think we have a lot of peers in this side, but we are specialist in residential mortgage-back securities, which comprise of both agency and non-agency securities. And again, being self advised and self managed we think kind of distinguishes us from some of the other folks.

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