About: Ready Capital Corporation operates as a real estate finance company in the United States. The company operates through two segments: LMM Commercial Real Estate and Small Business Lending. Its LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segment acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program; and originates, and services USDA loans, as well as small business loans. The company originates, acquires, finances, and services lower-to-middle-market (LLM) commercial real estate loans, small business administration (SBA) loans, residential mortgage loans, construction loans, USDA loans, and mortgage-backed securities collateralized primarily by LLM loans, or other real estate-related investments. It has elected to be taxed as a real estate investment trust (REIT) and 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.
Sector: Real Estate
Industry: REIT - Mortgage
Latest price: $1.14 (-2.56%)
RC NYSE Ready Capital Corp
Ready Capital Corp share price
RC price activity
Last Price
$1.170
Change (24hr)
-0.13 USD (-10.00%)
Volume
1.15M
Volume (4w avg)
-
Open
$1.29
Day Range
$1.17 - $1.29
Previous Close
$1.30
Last Trade
12 Oct, 8:19 pm GMT+0
Delayed
12 Oct, 8:19 pm GMT+0
RC price performance
Delayed
12 Oct, 8:19 pm GMT+0
RC Market Signals