Ready Capital Corporation (RC)

US — Real Estate Sector
Peers: EARN  EFC  DX  ORC  CIM  ARR  IVR  NYMT  ARI  KREF    BRMK 

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Key Metrics & Ratings

  • symbol RC
  • Rev/Share 0.1247
  • Book/Share 12.3584
  • PB 0.3811
  • Debt/Equity 2.6445
  • CurrentRatio 0.0
  • ROIC 0.0

 

  • MktCap 763871360.0
  • FreeCF/Share 2.1786
  • PFCF 2.1228
  • PE -2.6242
  • Debt/Assets 0.5147
  • DivYield 0.2065
  • ROE -0.1358

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 4
  • D/E Score 3

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

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: March 17, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , March 17, 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.

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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 (RC) Faces Securities Class Action Over Concealing Loan Portfolio Risks - Hagens Berman
RC
Published: March 17, 2025 by: Accesswire
Sentiment: Neutral

SAN FRANCISCO, CA / ACCESS Newswire / March 17, 2025 / A securities class action lawsuit has been filed against Ready Capital Corporation (NYSE:RC) after the company reported dismal financial results and shed light on its true asset quality. The suit, captioned Quinn v.

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image for news Ready Capital Corporation (RC) Faces Securities Class Action Over Concealing Loan Portfolio Risks - Hagens Berman
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Ready Capital Corporation (RC) And Encourages Shareholders to Reach Out
RC
Published: March 17, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 17, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Ready Capital Corporation (RC) And Encourages Shareholders to Reach Out
Shareholders that Lost Money on Ready Capital Corporation (RC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
RC
Published: March 17, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 17, 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=136525&wire=1 or contact Joseph E. Levi, Esq.

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image for news Shareholders that Lost Money on Ready Capital Corporation (RC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm
RC
Published: March 14, 2025 by: Business Wire
Sentiment: Neutral

LOS ANGELES--(BUSINESS WIRE)--RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm.

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image for news RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Ready Capital Corporation (RC) and Encourages Investors to Learn More About the Investigation
RC
Published: March 14, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Ready Capital Corporation (RC) and Encourages Investors to Learn More About the Investigation
Ready Capital Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - RC
RC
Published: March 13, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 13, 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=135800&wire=1 or contact Joseph E. Levi, Esq.

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image for news Ready Capital Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - RC
Ready Capital Corporation Class Action: Levi & Korsinsky Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
RC
Published: March 13, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 13, 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=135792&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Ready Capital Corporation Class Action: Levi & Korsinsky Reminds Ready Capital Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - 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: March 13, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 13, 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
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Ready Capital
RC
Published: March 13, 2025 by: PRNewsWire
Sentiment: Neutral

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Ready Capital To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Ready Capital between November 7, 2024 and March 2, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK , March 13, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Ready Capital …

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image for news SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Ready Capital
Ready Capital Corporation (RC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
RC
Published: March 13, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Ready Capital Corporation (RC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends
BCX, ENB, HYT, O, RC, SPG
Published: March 13, 2025 by: Seeking Alpha
Sentiment: Positive

Despite a tough week for the market, the Dividend Harvesting Portfolio declined by only -1.8%, outperforming the S&P 500's -3.27% drop. The portfolio's diversification and focus on recurring income and risk mitigation have proven effective, with a 27.42% return on invested capital. New additions, BlackRock Corporate High Yield Fund and BlackRock Resource & Commodities Strategic Trust, are expected to enhance income generation and portfolio stability.

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image for news Dividend Harvesting Portfolio Week 210: $21,000 Allocated, $2,059.13 In Projected Dividends
Shareholders That Lost Money on Ready Capital Corporation (RC) Should Contact Levi & Korsinsky About Pending Class Action - RC
RC
Published: March 12, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 12, 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=135547&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
Bronstein, Gewirtz & Grossman, LLC Is Investigating Ready Capital Corporation (RC) And Encourages Investors to Connect
RC
Published: March 12, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Is Investigating Ready Capital Corporation (RC) And Encourages Investors to Connect
Investors in Ready Capital Corporation Should Contact Levi & Korsinsky Before May 5, 2025 to Discuss Your Rights - RC
RC
Published: March 11, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 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=135246&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
RC Stockholders: Robbins LLP Reminds Investors that a Class Action was Filed Against Ready Capital Corporation
RC
Published: March 10, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN DIEGO, March 10, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Ready Capital Corporation (NYSE: RC) common stock between November 7, 2024 and March 2, 2025. Ready Capital is a real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LLM”) commercial real estate (“CRE”) loans, small business administration loans, residential mortgage loans, and other real estate-related investments.

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image for news RC Stockholders: Robbins LLP Reminds Investors that a Class Action was Filed Against Ready Capital Corporation
Levi & Korsinsky Reminds Ready Capital Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
RC
Published: March 10, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 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=135048&wire=1 or contact Joseph E. Levi, Esq.

Read More
image for news Levi & Korsinsky Reminds Ready Capital Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - RC
Rosen Law Firm Urges Ready Capital Corporation (NYSE: RC) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
RC
Published: March 10, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of common stock of Ready Capital Corporation (NYSE: RC) between November 7, 2024 and March 2, 2025. Ready Capital describes itself as a real estate finance company. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Ready Capita.

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image for news Rosen Law Firm Urges Ready Capital Corporation (NYSE: RC) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
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: March 10, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 10, 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
Bronstein, Gewirtz & Grossman, LLC Encourages Ready Capital Corporation (RC) Investors to Inquire about Securities Investigation
RC
Published: March 10, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 10, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Encourages Ready Capital Corporation (RC) Investors to Inquire about Securities Investigation
Levi & Korsinsky Reminds Shareholders of an Investigation into Ready Capital Corporation (RC) Regarding Potential Securities Fraud Allegations
RC
Published: March 07, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 7, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Ready Capital Corporation ("Ready Capital Corporation") (NYSE:RC) concerning possible violations of federal securities laws. Ready Capital reported financial results for the quarter ended December 31, 2024.

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image for news Levi & Korsinsky Reminds Shareholders of an Investigation into Ready Capital Corporation (RC) Regarding Potential Securities Fraud Allegations
READY CAPITAL CORPORATION (NYSE: RC) INVESTOR ALERT: Investors With Large Losses in Ready Capital Corporation Should Contact Bernstein Liebhard LLP To Discuss Their Rights
RC
Published: March 07, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) between November 7, 2024 and March 2, 2025, inclusive. For more information, submit a form at Ready Capital Corporation Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at [email protected], or call us at (212) 951-2030.

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image for news READY CAPITAL CORPORATION (NYSE: RC) INVESTOR ALERT: Investors With Large Losses in Ready Capital Corporation Should Contact Bernstein Liebhard LLP To Discuss Their Rights
RC INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Ready Capital Corporation Investors with Losses Have Opportunity to Lead Class Action Lawsuit!
RC
Published: March 07, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 7, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Ready Capital Corporation ("Ready Capital" or "the Company") (NYSE:RC) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Ready Capital securities between November 7, 2024 and March 2, 2025, both dates inclusive (the "Class Period").

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image for news RC INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Ready Capital Corporation Investors with Losses Have Opportunity to Lead Class Action Lawsuit!
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Ready Capital Corporation (RC) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
RC
Published: March 07, 2025 by: GlobeNewsWire
Sentiment: Neutral

ATLANTA, March 07, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding Ready Capital's business, operations, and prospects, including allegations that: (1) significant non-performing loans in its CRE portfolio were not likely to be collectible; (2) Ready Capital would fully reserve these problem loans in order to “stabilize” its CRE portfolio; (3) this was not accurately reflected in Ready Capital's current expected credit loss or valuation allowances; …

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image for news INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Ready Capital Corporation (RC) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Ready Capital Corporation (RC) And Encourages Stockholders to Reach Out
RC
Published: March 07, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Ready Capital Corporation (RC) And Encourages Stockholders to Reach Out
Bronstein, Gewirtz & Grossman, LLC Is Investigating Ready Capital Corporation (RC) And Encourages Stockholders to Connect.
RC
Published: March 06, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Is Investigating Ready Capital Corporation (RC) And Encourages Stockholders to Connect.
Ready Capital Corporation (RC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
RC
Published: March 05, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ready Capital Corporation ("Ready" or "the Company") (NYSE:RC). Investors who purchased Ready securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RC.

Read More
image for news Ready Capital Corporation (RC) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ready Capital Corporation - RC
RC
Published: March 05, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 5, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Ready Capital Corporation ("Ready" or the "Company") (NYSE:RC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ready Capital Corporation - RC
UDF IV Shareholders Approve Merger with Ready Capital
RC
Published: March 04, 2025 by: GlobeNewsWire
Sentiment: Neutral

IRVING, Texas, March 04, 2025 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) today announced that, based on the voting results certified by UDF IV's inspector of elections, First Coast Results, Inc., UDF IV shareholders approved the previously announced merger with Ready Capital Corporation (NYSE: RC) at the UDF IV Special Meeting of Shareholders (the “Special Meeting”) held earlier today.

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image for news UDF IV Shareholders Approve Merger with Ready Capital
Ready Capital: Cat Stevens Was Wrong
RC
Published: March 03, 2025 by: Seeking Alpha
Sentiment: Neutral

Ready Capital Corporation had another quarter marked by huge writedowns. The dividend was cut once again. We go over how we were wrong on a couple of fronts.

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image for news Ready Capital: Cat Stevens Was Wrong

About Ready Capital Corporation (RC)

  • IPO Date 2013-02-08
  • Website https://www.readycapital.com
  • Industry REIT - Mortgage
  • CEO Mr. 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.