More from Western Asset Mortgage (WMC): Previously an agency REIT, the company for the first...

|About: Western Asset Mortgage C... (WMC)|By:, SA News Editor

More from Western Asset Mortgage (WMC): Previously an agency REIT, the company for the first time has added non-agency MBS to its holdings. Management describes the move primarily as a cost-effective way to hedge against higher interest rates. The company also reports just a 3.4% constant prepayment rate for the month of November. Shares +3.4% AH. (PR)