There’s More Blood on the Tracks in the Non-QM Market

August 9, 2022

HousingWire, Aug. 9, 2022–Bill Conroy
The REIT, which is managed by investment advisor Western Asset Management Co. LLC, recently announced that it is exploring a potential company sale or merger in the wake of posting a $22.4 million net loss for the second quarter ended June 30, — on the heels of posting a $22.2 million loss in the first quarter. WMC, with some $2.8 billion in assets, has a diverse portfolio of residential and commercial real estate assets.
https://www.housingwire.com/articles/theres-more-blood-on-the-tracks-in-the-non-qm-market/