Dilok Klaisataporn Ready Capital Corporation (NYSE:RC) is a mortgage REIT, which in the company's own words means that it "originates, acquires, finances and services small-to- medium-sized balance commercial loans". We have covered this lender a few times on Seeking Alpha, the last time being after the Q4-2023 results were published. The business was using relatively less leverage compared to late 2022 and the distributable earnings, as expected, were following the same direction. The past due loans were c ...