Steward Zimmerman has been a Consultant to MFA Financial, Inc. since January 1, 2014. Mr. Zimmerman served as founder and CEO of MFA Financial, Inc. from 1997 to December 31, 2013. He also served as the President of MFA Financial, Inc. from 1997 to June 2008. From 1989 until 1997, Mr. Zimmerman served as Executive Vice President of America First, during which time he served in a number of positions, including President and Chief Operating Officer of America First REIT and President of several America First mortgage funds. From 1986 to 1988, Mr. Zimmerman served as a Managing Director and Director of Security for Pacific Merchant Bank, where he was responsible for Mortgage Trading and Finance. Prior to that time, he served as First Vice President of E.F. Hutton & Company, Inc., where he was responsible for mortgage-backed securities trading and sales distribution, and Vice President of Lehman Brothers, where he was responsible for the distribution of mortgage products. From 1968 to 1972, Mr. Zimmerman was Vice President of Zenith Mortgage Company and Zenith East Inc., a national mortgage banking and brokerage company specializing in the structuring and sales of mortgage assets to the institutional financial community. Mr. Zimmerman holds a Bachelor's of Arts degree from Michigan State University. In addition to serving on our Advisory Board, Mr. Zimmerman is also on the Advisory Boards of the Finance Department of the Frank G. Zarb School of Business at Hofstra University and the School of Management of Long Island University, C.W. Post Campus.