Home Stocks Ready Capital stock plummets after Q4 results dented by write-downs, multifamily weakness (RC:NYSE)

Ready Capital stock plummets after Q4 results dented by write-downs, multifamily weakness (RC:NYSE)

by Deidre Salcido
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Ready Capital Corp. (NYSE:RC) shares tanked 26% in Monday midafternoon trading after the mortgage REIT recorded a surprise net loss for the last quarter of 2024 as its multifamily lending-focused business suffered from higher borrowing costs, inflation pressures and

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