Western Asset Mortgage Capital Corp [Acquired] | REIT Profile
Symbol: WMC
new symbol: MITT
CIK: 1465885
Exchange: NYSE
Founded: 1971
HQ: Pasadena, CA, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage
Externally Managed REIT
 |
 |
 |
Western Asset Mortgage Capital Corporation is a real estate investment trust that invests in, acquires and manages a diverse portfolio of assets consisting of Agency RMBS, Agency CMBS, Non-Agency RMBS, Non-Agency CMBS, ABS, Residential and Commercial Whole-Loans and other financial assets. The Company's investment strategy may change, subject to the Company's stated investment guidelines, and is based on its manager Western Asset Management Company's perspective of which mix of portfolio assets it believes provide the Company with the best risk-reward opportunities at any given time. The Company is externally managed and advised by Western Asset Management Company, an investment advisor registered with the Securities and Exchange Commission and a wholly-owned subsidiary of Legg Mason, Inc.
Latest REIT Press Releases
- Western Asset Mortgage Capital Corp. - Western Asset Mortgage Capital Corporation Announces Stockholder Approval of Merger With AG Mortgage Investment Trust - Tue, 05 Dec 2023 21:05:41 UTC
- Western Asset Mortgage Capital Corp. - Western Asset Mortgage Capital Corporation Announces Second Interim Fourth Quarter Common Dividend of $0.10 Per Share - Mon, 20 Nov 2023 21:15:33 UTC
- Western Asset Mortgage Capital Corp. - Western Asset Mortgage Capital Corporation Expects to Adjourn Special Meeting of Stockholders Until December 5, 2023 - Mon, 06 Nov 2023 22:17:20 UTC
- Western Asset Mortgage Capital Corp. - Western Asset Mortgage Capital Corporation Announces Interim Fourth Quarter Common Dividend of $0.14 Per Share - Thu, 26 Oct 2023 20:05:44 UTC
- Western Asset Mortgage Capital Corp. - AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio for Proposed Merger - Thu, 19 Oct 2023 21:34:15 UTC
Related Information
| Material | Source | Description |
|---|---|---|
| AG Mortgage Investment Trust, Inc. Completes Acquisition of Western Asset Mortgage Capital Corporation (2023-12-06) | BUSINESS WIRE | NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”) announced today that it has completed the previously announced acquisition of Western Asset Mortgage Capital Corporation (“WMC”) via merger with a wholly owned subsidiary of MITT. December 5, 2023 was the last day on which WMC’s common stock was publicly traded and prior to the opening of trading on December 6, 2023, its common stock will be suspended from trading on the NYSE. |
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| New York Mortgage Trust, Inc. (NYMT) | 6.5 | NASDAQ | Small-Cap | Mortgage | United States |
| Dynex Capital, Inc. (DX) | 4.4 | NYSE | Small-Cap | Mortgage | United States |
| Invesco Mortgage Capital, Inc. (IVR) | 6.2 | NYSE | Small-Cap | Mortgage | United States |
| Orchid Island Capital, Inc. (ORC) | 5.6 | NYSE | Small-Cap | Mortgage | United States |
| Two Harbors Investment Corp. (TWO) | 6.1 | NYSE | Small-Cap | Mortgage | United States |
Last updated: 2024-09-07 - v5.5