WMC News and Press, Western Asset Mortgage Capital Corporation From 06/25/20

Western Asset Mortgage Capital (NYSE: WMC ) has priced $341.7M of mortgage-backed notes, series 2020-1 in a residential mortgage-backed securitization comprised of a portfolio of residential whole loans. More news on: Western Asset Mortgage Capital Corporation, Financial stocks news, R...

Western Asset Mortgage Capital (NYSE: WMC ) prices  $341.7M of mortgage-backed notes in a residential whole loan securitizationwith a weighted average fixed interest rate of 1.9% per year. More news on: Western Asset Mortgage Capital Corporation, Financial stocks news, Read more ...

PASADENA, Calif. , June 25, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (NYSE: WMC) (the "Company") today announced that it has priced an aggregate $341.7 million of Mortgage-Backed Notes, Series 2020-1 (the "Notes") in a residential mortgage-backed securitizati...

Image source The mortgage REIT market was disrupted in an enormous way earlier this year. Pricing for securities went haywire as liquidity dried up amidst a huge panic among investors related to COVID-19 globally. Mortgage REITs, which employ leverage to invest in these securities, were pa...

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Gainers:  DELL +18.6% . KMDA +15.2% . TCRD +11.3% . JFIN +9.7% . VMW +8.7% . More news on: Dell Technologies Inc., Kamada Ltd., THL Credit, Inc., Stocks on the move, , Read more ...

This research report was produced by The REIT Forum with assistance from Big Dog Investments . Your feedback has improved this series week after week. Thank you, readers, for all you do. Due to the dramatically higher than usual volatility in the sector, we’re planning ...

Western Asset Mortgage Capital (NYSE: WMC ) won't pay a common stock dividend in Q2 in order to preserve liquidity and increase shareholders equity by retaining earnings in the quarter. More news on: Western Asset Mortgage Capital Corporation, Financial stocks news, Dividend News, , ...

PASADENA, Calif. , June 23, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) today announced that Lisa Quateman had been elected as an independent member of its Board of Directors on June 19, 2020 , increasing the total number of independ...

PASADENA, Calif. , June 23, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) announced today that the Company will not pay a common stock dividend in the second quarter. As the Company continues to manage the impact of the COVID-19 pandemic...