Summary of MFA FINANCIAL, INC.

ITEM 7.01. REGULATION FD DISCLOSURE.

MFA Financial, Inc. ("MFA") hereby furnishes the information set forth in the slideshow presentation attached hereto as Exhibit 99.1, the text of which is incorporated herein by reference.

The information referenced in this Current Report on Form 8-K (including Exhibit 99.1 referenced in Item 9.01 below) is being "furnished" under "Item 7.01. Regulation FD Disclosure" and, as such, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section and shall not be incorporated by reference into any registration statement or other document filed by MFA pursuant to the Securities Act of 1933, as amended (the "Securities Act"), except as shall be expressly set forth by specific reference in such filing.

As discussed therein, the slideshow presentation contains forward-looking statements within the meaning of the Securities Act and the Exchange Act and, as such, may involve known and unknown risks, uncertainties and assumptions. These forward-looking statements relate to MFA's current expectations and are subject to the limitations and qualifications set forth in the slideshow presentation as well as in MFA's reports and other documents filed with the SEC, including, without limitation, that actual events and/or results may differ materially from those projected in such forward-looking statements.

ITEM 8.01. OTHER EVENTS.

MFA is scheduled to make presentations at the UBS Global Financial Services Conference in New York, New York on Tuesday, May 12, 2009, and at the Eighth Annual JMP Securities Research Conference in San Francisco, California on Monday, May 18, 2009.

MFA is scheduled to present at the UBS Global Financial Services Conference, which is being held at The Waldorf=Astoria, 301 Park Avenue, New York, New York, at 2:50 p.m. (local time) on Tuesday, May 12, 2009. A live audio webcast of MFA's presentation will be available online at http://cc.talkpoint.com/ubsx001/051209a_ke/?entity=24_XJKWOR7 at 2:50 p.m. (local time) on the day of the presentation and for a 90-day period following the presentation. The link will also be available on MFA's Investor Information page located on its website (www.mfa-reit.com) for a 90-day period following the presentation.

MFA is scheduled to present at the Eighth Annual JMP Securities Research Conference, which is being held at The Ritz-Carlton, 600 Stockton Street, San Francisco, California, at 10:00 a.m. (local time) on Monday, May 18, 2009. A live audio webcast of MFA's presentation will be available online at http://www.wsw.com/webcast/jmp8/mfa/ at 10:00 a.m. (local time) on the day of the presentation and for a 90-day period following the presentation. The link will also be available on MFA's Investor Information page located on its website (www.mfa-reit.com) for a 90-day period following the presentation.