Western Asset Mortgage Capital (WMC) Misses Q1 EPS by 5c
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Western Asset Mortgage Capital Corporation Announces First Quarter 2022 Results
May 5, 2022 5:00 PM EDTConference Call and Webcast Scheduled for Tomorrow, Friday, May 6, 2022 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time
PASADENA, Calif.--(BUSINESS WIRE)-- Western Asset Mortgage Capital Corporation (the Company or "WMC") (NYSE: WMC) today reported its results for the first quarter ended March 31, 2022.
BUSINESS UPDATE
The Company continues to execute on its business strategy to focus on residential real estate investments.
For the three months ended March 31, 2022, the Company acquired $119.1 million of Residential Whole Loans. The Company also purchased $40.0 million of... More