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  "documentTitle": "Ready Capital | Investor Presentation Deck | 44 slides",
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  "authorName": "Ready Capital",
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  "presentationDate": "2024-01-01 00:00:00",
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      "kind": "chart",
      "text": "LOAN LOSSES BY VINTAGE (% CARRYING VALUE)\n0.3% Pre-2019\n0.5% 2019\n0.3% 2020\n0.0% 2021\n0.0% 2022",
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      "text": "Conservative approach to underwriting with goal of low losses even in times of market stress\nFor example, underwriting of bridge loans to 0–3% rental growth to mitigate refinance risks\nFocus on GEO Tier 1 and 2 markets with avoidance of negative absorption markets\nGiven historical expertise in non-performing loan management, Ready Capital is able to make acquisitions that are accretive to the overall platform but increase loss rates, such as in the Broadmark acquisition",
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      "text": "Note: As of September 30, 2023",
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      "text": "Portfolio Performance",
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