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Ready Capital Corporation (RC-PC)

NYSE - NYSE Delayed Price. Currency in USD
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25.880.00 (0.00%)
At close: 12:24PM EDT

Ready Capital Corporation

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

Sector(s)
Industry
Full Time Employees500

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
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ready Capital Corporation, together with its subsidiaries, operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small balance commercial (SBC) loans, small business administration (SBA) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through four segments: Acquisitions; SBC Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking. The Acquisitions segment acquires performing and non-performing SBC loans. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. The SBA Originations, Acquisitions and Servicing segment acquires, originates, and services owner-occupied loans guaranteed by the SBA. The Residential Mortgage Banking segment originates residential mortgage loans through retail, correspondent, and broker channels. 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 July 1, 2021 is 8. The pillar scores are Audit: 9; Board: 8; Shareholder Rights: 9; 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 a 10 indicates higher governance risk.