"Against a shifting economic backdrop, we continue to deliver strong results for our shareholders. With the highly accretive acquisitions we have made over the past few years, along with our differentiated business model, Ready Capital continues to execute on our growth strategy, while remaining disciplined from a liquidity, leverage and credit perspective," said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer.Total investments of $1.4 billion, including $891 million of SBC originations and acquisitions, $327 million of residential mortgage loans, and $137 million of U.S. Small Business Administration 7(a) loansl Completed a securitization of $860 million of floating rate SBC loans and sold $657 million of senior bonds at a weighted average cost of SOFR + 3.0%; Acquired approximately 3.6 million shares of the Company’s common stock at an average price of $10.34.
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