0001145443-04-001272 Sample Contracts

MFA MORTGAGE INVESTMENTS, INC. 7,500,000 SHARES CONTROLLED EQUITY OFFERINGSM SALES AGREEMENT
Sales Agreement • August 20th, 2004 • Mfa Mortgage Investments • Real estate investment trusts • New York

MFA MORTGAGE INVESTMENTS, INC., a Maryland corporation (the “Company”), confirms its agreement (this “Agreement”) with Cantor Fitzgerald & Co. (“CF&Co”), as follows: