Ready Capital Corp files 10-Q

Ready Capital Corporation reported a net loss of $200.1 million for the quarter ended March 31, 2026, a significant decrease from a net income of $82.0 million in the prior year period, primarily driven by an increased provision for loan losses. The company's total assets decreased by $1.5 billion to $6.3 billion, largely due to a reduction in assets of consolidated VIEs and loans held for sale.