Moore Law Encourages Ready Capital Corporation Investors to Contact Law Firm

Core Insights - Moore Law, PLLC is investigating potential claims against Ready Capital Corporation due to non-performing loans in its commercial real estate portfolio that are unlikely to be collectible [1] - Ready Capital reported a fourth quarter 2024 net loss of $1.80 per share and a full year 2024 net loss of$2.52 per share, indicating significant financial distress [2] - The company's stock price fell nearly 27% following the announcement of its financial results and the need to reserve for non-performing loans [3] Company Financials - Ready Capital's fourth quarter 2024 net loss was $1.80 per share [2] - The full year 2024 net loss amounted to$2.52 per share [2] - The company took $284 million in combined Current Expected Credit Loss and valuation allowances to address its non-performing loans [2]