Ready Capital Corp (NYSE:RC)

13.00
Delayed Data
As of 4:00pm ET
 +0.03 / +0.23%
Today’s Change
9.69
Today|||52-Week Range
15.92
+16.70%
Year-to-Date
SECTOR
Finance
INDUSTRY
Real Estate Investment Trusts
MARKET CAP
$1.4B

Company Description

Ready Capital Corp. is a real estate finance company, which engages in acquiring, managing, and financing small balance commercial loans. It operates through the following segments: Acquisitions, SBC Originations, SBA Originations, Acquisitions & Servicing, and Residential Mortgage Banking. The Acquisitions segment acquires performing and non-performing SBC loans and intends to continue to acquire these loans as part of the company's business strategy. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using multiple loan origination channels through its wholly-owned subsidiary, ReadyCap Commercial LLC. The SBA Originations, Acquisitions & Servicing segment acquires, originates and services owner-occupied loans guaranteed by the SBA through its wholly-owned subsidiary, ReadyCap Lending LLC. The Residential Mortgage Banking segment, through its wholly-owned subsidiary, GMFS LLC, originates residential mortgage loans eligible to be purchased, guaranteed or insured by Fannie Mae, Freddie Mac, FHA, USDA and VA through retail, correspondent and broker channels. The company was founded in 2011 and is headquartered in New York, NY.

Contact Information

Ready Capital Corp.
1251 Avenue of the Americas
New York New York 10020-1104
P:(212) 257-4600
Investor Relations:

Employees

Shareholders

Other institutional34.54%
Mutual fund holders28.85%
Individual stakeholders12.66%

Top Executives

Tom CapasseChairman, Chief Executive & Investment Officer
Jack Jay RossPresident & Director
Gary TaylorChief Operating Officer
Andrew AhlbornChief Financial Officer, Secretary & Controller
Adam ZausmerChief Credit Officer