EXHIBIT 23.2

CONSENT OF INDEPENDENT AUDITORS

We hereby consent to the incorporation by reference in this Registration
Statement on Form S-3 of our report dated February 3, 2003 relating to the
financial statements, which appears in MFA Mortgage Investment, Inc.'s Annual
Report on Form 10-K for the year ended December 31, 2002. We also consent to the
reference to us under the heading "Experts" in such Registration Statement.


/s/ PricewaterhouseCoopers LLP

New York, New York
June 25, 2003