 PASADENA, Calif.--BUSINESS WIRE--Western Asset Mortgage Capital Corporation the Company or WMC NYSE: WMC today reported its results for the fourth quarter and the year ended December 31, 2020. FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS GAAP book value per share of 4.20, increased 0.13 from 4.07 in the third quarter GAAP net income of 10.8 million, or 0.18 per basic and diluted share. Core earnings of 7.2 million, or 0.12 per basic and diluted share.1 Economic return on book value 