Residential Mortgage Banking Overview
Differentiated Mortgage REIT
READY CAPITAL.
Largest non-bank lender to both investors in and owners of small balance
commercial ("SBC") properties with current capitalization of approximately $2.7
billion1
All-weather investment strategy as a direct lender and acquiror of bulk portfolios,
including distressed
$11.1 billion² portfolio of more than 5,500 loans diversified across 50 states &
Europe with 99% senior lien
Resilient current dividend yield of 14.2%³; combination of gain-on-sale income
from 3 government sponsored Opco's & NIM from “capital heavy" SBC → Record
year in pandemic
Imbedded operating companies supported by approximately 600 employees
across the Company's 10 offices
Integrated with Waterfall Asset Management, LLC, a leading $12.5 billion global
structured products investment manager with an 18-year track record
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23
Inclusive of preferred stock
Excludes Paycheck Protection Program loans
As of November 14, 2023
3View entire presentation