Western Asset Mortgage Capital Corporation
Western Asset Mortgage Capital Corporation (WMC) Company Profile & Overview
Explore Western Asset Mortgage Capital Corporation’s business operations, leadership, sector classification, and key company facts including IPO date, industry, and contact details.
Western Asset Mortgage Capital Corporation (WMC) Company Profile & Overview
Western Asset Mortgage Capital Corporation operates as a real estate investment trust. It invests in, acquires, and manages a portfolio of assets with a focus on residential real estate related investments, including non-qualified mortgage loans, non-agency residential mortgage-backed securities (RMBS), and other related investments. 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. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Salt Lake City, Utah.