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Ready Capital Corporation (RC-PC)

NYSE - Nasdaq Real-time price. Currency in USD
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20.75-0.14 (-0.66%)
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Ready Capital Corporation

1251 Avenue of the Americas
50Th Floor
New York, NY 10020
United States
212-257-4600
https://www.readycapital.com

Sector(s)
Industry
Full-time employees630

Key executives

NameTitlePayExercisedYear born
Mr. Andrew Ahlborn CPACFO & Sec.1.08MN/A1984
Mr. Gary T. TaylorChief Operating Officer1.01MN/A1959
Mr. Thomas Edward CapasseChairman & CEON/AN/A1957
Mr. Jack Jay Ross CPAPres & DirectorN/AN/A1957
Mr. Thomas ButtacavoliChief Investment Officer & Portfolio Mang. of SBC Loan PortfolioN/AN/A1977
Mr. Brian DunnDirector of Fin. DivisionN/AN/AN/A
Mr. Alex OvalleMD & National Sales Mang.N/AN/AN/A
Mr. Richard KatzensteinMD & Head of Strategic PartnershipsN/AN/AN/A
David A. CohenMD & Co-Head of the National Bridge Lending PlatformN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate governance

Ready Capital Corporation’s ISS governance QualityScore as of 1 May 2022 is 8. The pillar scores are Audit: 9; Board: 8; Shareholder rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.