WMC - Western Asset Mortgage Capital Corporation

NYSE - NYSE Delayed Price. Currency in USD

Western Asset Mortgage Capital Corporation

385 East Colorado Boulevard
Pasadena, CA 91101
United States
626-844-9400
http://www.westernassetmcc.com

SectorReal Estate
IndustryREIT - Diversified
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. James William Hirschmann IIIChairmanN/AN/A1961
Ms. Jennifer Williams Murphy CFAPres, CEO & DirectorN/AN/A1965
Ms. Lisa MeyerCFO & Treasurer337.29kN/A1964
Mr. Elliott NeumayerChief Operating OfficerN/AN/A1981
Mr. Harris Adam TrifonChief Investment OfficerN/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. It focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, residential bridge loans, securitized commercial loans, and other financial assets. 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. The company was founded in 2009 and is based in Pasadena, California.

Corporate Governance

Western Asset Mortgage Capital Corporation’s ISS Governance QualityScore as of October 4, 2019 is 6. The pillar scores are Audit: 3; Board: 7; Shareholder Rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.