MFA Mortgage Investments, Inc. (NYSE: MFA) announced today that it is scheduled to make a presentation at the 12th Annual FBR Investor Conference in New York, New York on Tuesday, November 29, 2005, at 2:00 p.m. (Eastern Standard Time). A live audio broadcast of MFA's presentation will be available online at http://www.wsw.com/webcast/fbr13/mfa/ at 2:00 p.m. (Eastern Standard Time) on the day of the presentation and for a 30-day period following the presentation. The link will also be available on MFA's Investor Relations page located at its website (http://www.mfa-reit.com) for 30 days following the presentation. About MFA MFA, a real estate investment trust, seeks to generate income from investment in high-quality hybrid and adjustable rate mortgage-backed securities ("MBS") and other assets. At September 30, 2005, MFA had total assets of approximately $6.5 billion. As of that date, approximately 99% of these assets consisted of MBS guaranteed by an agency of the U.S. Government, such as Ginnie Mae, or a federally chartered corporation, such as Fannie Mae or Freddie Mac, other MBS rated "AAA" by Standard & Poor's Corporation, MBS-related receivables and cash. Additional information about MFA Mortgage Investments, Inc. is available from its website at http://www.mfa-reit.com. When used in this press release or other written or oral communications, statements which are not historical in nature, including those containing words such as "anticipate," "estimate," "should," "expect," "believe," "intend" and similar expressions, are intended to identify "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. These forward-looking statements are subject to various risks and uncertainties, including, but not limited to, those relating to: changes in interest rates and the market value of MFA's MBS; changes in the prepayment rates on the mortgage loans securing MFA's MBS; MFA's ability to use borrowings to finance its assets; changes in government regulations affecting MFA's business; MFA's ability to maintain its qualification as a REIT for federal income tax purposes; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. These and other risks, uncertainties and factors, including those described in reports that MFA files from time to time with the SEC, could cause MFA's actual results to differ materially from those projected in any forward-looking statements it makes. All forward-looking statements speak only as of the date they are made and MFA does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking statements to reflect events or circumstances occurring after the date of such statements. CONTACT: MFA Investor Relations 800-892-7547 http://www.mfa-reit.com

Source: PR Newswire