 PASADENA, Calif.--BUSINESS WIRE--Western Asset Mortgage Capital Corporation the Company or WMC NYSE: WMC today reported its results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS During the first quarter we continued strengthening our balance sheet by reducing debt and leverage, while improving liquidity and shareholders equity. First quarter financial results and highlights included the following: GAAP book value per share was 4.27 at March 31, 