Replies to post #155 on Western Asset Mortgage Capital Corp. (WMC)

[soflodiver]

What was the net effect of the repurchase of the convertible senior unsecured notes on the GAAP net income and the core earnings last quarter and the expected effect for future quarters?

Repurchased $6.7 million in aggregate principal amount of our convertible senior unsecured notes at an average discount of 6.3% to par value.