Western Asset Mortgage Capital Corporation

About Western Asset Mortgage Capital Corporation

Based in Pasadena, CA

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, residential bridge loans, and other financial assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2009 and is based in Pasadena, California.

Ticker:
WMC
Exchange:
NYSE (See More NYSE Companies)
Industry:
REIT - Diversified (See More REIT - Diversified Companies)
Sector:
--None-- (See More --None-- Companies)

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