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Western Asset Mortgage Capital Corporation (WMC) CEO Jennifer Murphy on Q1 2021 Results - Earnings Call Transcript

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Western Asset Mortgage Capital Corporation (NYSE:WMC) Q1 2021 Earnings Conference Call May 6, 2021 11:00 AM ET

Company Participants

Larry Clark - Investor Relations

Jennifer Murphy - Chief Executive Officer

Sean Johnson - Interim Co-Chief Investment Officers

Greg Handler - Interim Co-Chief Investment Officers

Lisa Meyer - Chief Financial Officer

Conference Call Participants

Trevor Cranston - JMP Securities


Hello and welcome to welcome to the Western Asset Mortgage Capital Corporation's First Quarter 2021 Earnings Conference Call. Today's call is being recorded and will be available for replay beginning at 5:00 p.m. Eastern Standard Time. At this time, all participants have been placed in a listen-only mode and the floor will be opened for your questions following today’s presentation.

Now first I'd like to turn the conference call over to Mr. Larry Clark, Investor Relations. Please go ahead Mr. Clark.

Larry Clark

Thank you, Keith. I want to thank everyone for joining us today to discuss Western Asset Mortgage Capital Corporation's financial results for the first quarter of 2021.

The company issued its earnings press release yesterday afternoon and it's available in the Investor Relations section of the company's website at www.westernassetmcc.com. In addition, the company has included a slide presentation on the website that you can refer to during the call.

With us today from management are Jennifer Murphy, Chief Executive Officer; Lisa Meyer, Chief Financial Officer; and Greg Handler and Sean Johnson both Interim Co-Chief Investment Officers.

Before we begin, I'd like to review the safe harbor statement. This conference call will contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are intended to be subject to the safe harbor protection provided by the Reform Act.

Actual outcomes and results could differ materially from those

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Comments (3)

@dennis rfm @w.sak

But how did they lose money? They earnt money and covered their dividend no?
Only these people could figure out how to lose money in the greatest bond bull market in history.
@dennis rfm It looks like they're only in it for themselves instead of us, like they should be !!
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