Ready Capital Corp SEC 10-Q Report
Ready Capital Corp, a real estate investment trust, has released its Q3 Form 10-Q report, showing improved financial performance despite challenges. Key highlights include interest income of $445.2 million, a net income of $16.7 million, and a significant reduction in losses compared to the previous year. The company is expanding its operations in various regions and enhancing its product offerings, particularly in small business loans through the acquisition of Funding Circle. Ready Capital aims to maintain its REIT status by distributing dividends and exploring strategic acquisitions.
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