Ready Capital Corporation (RC)

US — Real Estate Sector
Peers: TWO  ACRE  ARI  EFC  CHMI  KREF 

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Key Metrics & Ratings

  • symbol RC
  • Rev/Share 1.3582
  • Book/Share 11.5292
  • PB 0.3406
  • Debt/Equity 0.3946
  • CurrentRatio 0.226
  • ROIC -0.2372

 

  • MktCap 609653170.0
  • FreeCF/Share 1.8501
  • PFCF 1.9644
  • PE -2.0496
  • Debt/Assets 0.0774
  • DivYield 0.2022
  • ROE -0.1549

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 4
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade RC Citizens JMP Mkt Outperform Market Perform -- -- March 3, 2025
Downgrade RC B. Riley Securities Buy Neutral $12 $10 Jan. 7, 2025

News

READY CAPITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC
RC
Published: April 17, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW ORLEANS, April 17, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 5, 2025 to file lead plaintiff applications in a securities class action lawsuit against Ready Capital Corporation (the “Company”) (NYSE: RC), if they purchased the Company's shares between November 7, 2024 and March 2, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

Read More
image for news READY CAPITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC
Levi & Korsinsky Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
RC
Published: April 16, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 16, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=143447&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
Ready Capital Corporation (RC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
RC
Published: April 16, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , April 16, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) have opportunity to lead the securities fraud class action lawsuit.

Read More
image for news Ready Capital Corporation (RC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ready Capital Corporation of Class Action Lawsuit and Upcoming Deadlines - RC
RC
Published: April 16, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 16, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Ready Capital Corporation ("Ready" or the "Company") (NYSE:RC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ready Capital Corporation of Class Action Lawsuit and Upcoming Deadlines - RC
Lost Money on Ready Capital Corporation (RC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
RC
Published: April 16, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 16, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=143421&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Lost Money on Ready Capital Corporation (RC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
May 5, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - RC
RC
Published: April 15, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 15, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=143148&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news May 5, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - RC
Class Action Filed Against Ready Capital Corporation (RC) - May 5, 2025 Deadline to Join - Contact Levi & Korsinsky
RC
Published: April 15, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 15, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=143132&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Class Action Filed Against Ready Capital Corporation (RC) - May 5, 2025 Deadline to Join - Contact Levi & Korsinsky
RC INVESTOR DEADLINE: Ready Capital Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
RC
Published: April 15, 2025 by: PRNewsWire
Sentiment: Neutral

SAN DIEGO , April 15, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that the Ready Capital class action lawsuit – captioned Quinn v. Ready Capital Corporation, No.

Read More
image for news RC INVESTOR DEADLINE: Ready Capital Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Contact Levi & Korsinsky by May 5, 2025 Deadline to Join Class Action Against Ready Capital Corporation(RC)
RC
Published: April 14, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 14, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142971&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Contact Levi & Korsinsky by May 5, 2025 Deadline to Join Class Action Against Ready Capital Corporation(RC)
Shareholders That Lost Money on Ready Capital Corporation (RC) Should Contact Levi & Korsinsky About Pending Class Action - RC
RC
Published: April 14, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 14, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142934&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Shareholders That Lost Money on Ready Capital Corporation (RC) Should Contact Levi & Korsinsky About Pending Class Action - RC
RC Investors are Reminded of Final Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm
RC
Published: April 14, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , April 14, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE: RC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 7, 2024 and March 2, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 5, 2025.

Read More
image for news RC Investors are Reminded of Final Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm
Class Action Filed Against Ready Capital Corporation (RC) Seeking Recovery for Investors - Contact Levi & Korsinsky
RC
Published: April 14, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 14, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142863&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Class Action Filed Against Ready Capital Corporation (RC) Seeking Recovery for Investors - Contact Levi & Korsinsky
Ready Capital Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
RC
Published: April 11, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 11, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142567&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Ready Capital Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
Lawsuit Targets Ready Capital (RC) for Misleading Statements on CRE Loans– Hagens Berman
RC
Published: April 11, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN FRANCISCO, April 11, 2025 (GLOBE NEWSWIRE) -- New York-based real estate finance company Ready Capital Corporation (NYSE: RC) is facing heightened scrutiny as it is now the subject of a securities class-action lawsuit.

Read More
image for news Lawsuit Targets Ready Capital (RC) for Misleading Statements on CRE Loans– Hagens Berman
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit - RC
RC
Published: April 11, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 11, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142548&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit - RC
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Ready Capital Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - RC
RC
Published: April 11, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 11, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Ready Capital Corporation (NYSE:RC) between November 7, 2024 and March 2, 2025, both dates inclusive (the "Class Period"), of the important May 5, 2025 lead plaintiff deadline. SO WHAT: If you purchased Ready Capital securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Read More
image for news ROSEN, SKILLED INVESTOR COUNSEL, Encourages Ready Capital Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - RC
Levi & Korsinsky Notifies Ready Capital Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - RC
RC
Published: April 10, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 10, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142302&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Notifies Ready Capital Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - RC
Class Action Filed Against Ready Capital Corporation (RC) - May 5, 2025 Deadline to Join - Contact Levi & Korsinsky
RC
Published: April 10, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 10, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142283&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Class Action Filed Against Ready Capital Corporation (RC) - May 5, 2025 Deadline to Join - Contact Levi & Korsinsky
READY CAPITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC
RC
Published: April 10, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW ORLEANS, April 10, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 5, 2025 to file lead plaintiff applications in a securities class action lawsuit against Ready Capital Corporation (the “Company”) (NYSE: RC), if they purchased the Company's shares between November 7, 2024 and March 2, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

Read More
image for news READY CAPITAL SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC
READY CAPITAL STOCK: Class Action Filed Against Ready Capital Corporation - Contact Kehoe Law Firm, P.C. Before May 5, 2025 Lead Plaintiff Deadline
RC
Published: April 10, 2025 by: Accesswire
Sentiment: Neutral

PHILADELPHIA, PA / ACCESS Newswire / April 10, 2025 / Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Ready Capital Corporation ("Ready Capital") (NYSE:RC).

Read More
image for news READY CAPITAL STOCK: Class Action Filed Against Ready Capital Corporation - Contact Kehoe Law Firm, P.C. Before May 5, 2025 Lead Plaintiff Deadline
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Ready Capital Corporation (RC) Shareholders
RC
Published: April 09, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 9, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142060&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Ready Capital Corporation (RC) Shareholders
Ready Capital Corporation (RC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
RC
Published: April 09, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , April 9, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC). IF YOU SUFFERED A LOSS ON YOUR READY CAPITAL INVESTMENTS, CLICK HERE BEFORE MAY 5, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About?

Read More
image for news Ready Capital Corporation (RC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit - RC
RC
Published: April 09, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 9, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=142029&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Lawsuit - RC
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Ready Capital
RC
Published: April 09, 2025 by: GlobeNewsWire
Sentiment: Neutral

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Ready Capital To Contact Him Directly To Discuss Their Options

Read More
image for news INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Ready Capital
Shareholders that Lost Money on Ready Capital Corporation (RC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
RC
Published: April 09, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 9, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=141922&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Shareholders that Lost Money on Ready Capital Corporation (RC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Corporation Lawsuit - RC
RC
Published: April 08, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 8, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=141782&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Ready Capital Corporation Lawsuit - RC
Investors in Ready Capital Corporation Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
RC
Published: April 08, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 8, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=141764&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Investors in Ready Capital Corporation Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ready Capital Corporation of Class Action Lawsuit and Upcoming Deadlines - RC
RC
Published: April 08, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , April 8, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Ready Capital Corporation ("Ready" or the "Company") (NYSE: RC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ready Capital Corporation of Class Action Lawsuit and Upcoming Deadlines - RC
Ready Capital Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
RC
Published: April 07, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / April 7, 2025 / If you suffered a loss on your Ready Capital Corporation (NYSE:RC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/ready-capital-corporation-lawsuit-submission-form?prid=141504&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Ready Capital Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
READY CAPITAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC
RC
Published: April 04, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY AND NEW ORLEANS, LA / ACCESS Newswire / April 4, 2025 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 5, 2025 to file lead plaintiff applications in a securities class action lawsuit against Ready Capital Corporation (the "Company") (NYSE:RC), if they purchased the Company's shares between November 7, 2024 and March 2, 2025, inclusive (the "Class Period").

Read More
image for news READY CAPITAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Ready Capital Corporation - RC

About Ready Capital Corporation (RC)

  • IPO Date 2013-02-08
  • Website https://www.readycapital.com
  • Industry REIT - Mortgage
  • CEO Thomas Edward Capasse
  • Employees 475

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment, through its subsidiary, ReadyCap Commercial, LLC, originate SBC loans secured by stabilized or transitional investor properties using various loan origination channels. The Small Business Lending segment, through its subsidiary, ReadyCap Lending, LLC, acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment, through its subsidiary, GMFS, LLC, originates residential mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.