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home / news releases / WMC - Western Asset Mortgage: Survival Mode


WMC - Western Asset Mortgage: Survival Mode

  • Things really fell apart for much of the sector in Q1 with big margin calls and severe book value erosion.
  • Due to the turmoil in the financial markets resulting from the COVID-19 pandemic, management suspended the first- and second-quarter dividend to preserve liquidity.
  • Our current expectations are for a rebound in economic growth with slightly higher inflation.
  • Book value is likely to remain pressured until the recovery really is underway however.

For further details see:

Western Asset Mortgage: Survival Mode
Stock Information

Company Name: Western Asset Mortgage Capital Corporation
Stock Symbol: WMC
Market: NYSE
Website: westernassetmcc.com

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