Aug. 5 at 1:27 PM
$MFA Today was the day of 2 stories in 1. I think there was more good news then bad. People will focus on the .12, but the real story is they are cleaning up the books so we can move forward! They are taking the pain now for the gain later. Book value stabilized, delinquency rate decreased, GAAP income increased, LimaOne doing well. Only negative was credit loss.......but again, we could kick the can down the road or cut the head off the snake. Looks like they cut the head off.....hoping things improve in 2H2026.