Discontinued — last reported Q3 '21

Business Segments · Loan Portfolio Expense

Loan Acquisitions — Loan Portfolio Expense

Ready Capital Loan Acquisitions — Loan Portfolio Expense increased by 25.9% to $1.69M in Q3 2021 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2021Nov 5, 2021

How to read this metric

An increase relative to portfolio size suggests rising servicing costs or inefficiencies, whereas a decrease indicates improved operational leverage.

Detailed definition

This metric tracks the direct costs associated with maintaining and managing the loan portfolio within the Loan Acquisit...

Peer comparison

Comparable to loan servicing and administration expenses reported by mortgage REITs and commercial lenders.

Metric ID: rc_segment_loan_acquisitions_loan_portfolio_expense

Historical Data

2 periods
 Q2 '21Q3 '21
Value$1.35M$1.69M
QoQ Change+25.9%
Range$1.35M$1.69M

Frequently Asked Questions

What is Ready Capital's loan acquisitions — loan portfolio expense?
Ready Capital (RC) reported loan acquisitions — loan portfolio expense of $1.69M in Q3 2021.
What does loan acquisitions — loan portfolio expense mean?
The direct operating costs incurred to manage and maintain the segment's loan portfolio.