Exhibit 99.2

Supplemental Financial Data Fourth Quarter 2018

DISCLAIMER 2 This presentation contains statements that constitute "forward-looking statements," as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements; Ready Capital Corporation (the "Company") can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include those set forth in the Risk Factors section of the most recent Annual Report on Form 10-K filed with the SEC and other reports filed by the Company with the SEC, copies of which are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. This presentation includes certain non-GAAP financial measures, including Core Earnings. These non-GAAP financial measures should be considered only as supplemental to, and not as superior to, financial measures in accordance with GAAP. Please refer to Appendix A for the most recent GAAP information. This presentation also contains market statistics and industry data which are subject to uncertainty and are not necessarily reflective of market conditions. These have been derived from third party sources and have not been independently verified by the Company or its affiliates. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. All data is as of December 31, 2018 unless otherwise noted.

FOURTH QUARTER 2018 HIGHLIGHTS 3 . Net income of $9.5 million(1), or $0.30 per common share . Core earnings of $11.3 million(1), or $0.34 per common share . Declared dividend of $0.40 per share EARNINGS / DIVIDENDS . Return on Equity(2) of 6.8% . Core Return on Equity(3) of 8.1% . Dividend Yield(4) of 11.6% RETURNS . SBC loan originations of $332.9 million . SBA loan originations of $65.4 million . Residential mortgage loan originations of $369.2 million . Acquired $9.0 million of SBC loans LOAN ORIGINATIONS(5) / ACQUISITIONS . Completed the securitization of $262.7 million of acquired SBC loans and issued $217.0 million of senior bonds at a weighted average pass-through rate of 4.7% . Adjusted net book value(6) of $16.91 per common share . Loans increased by 4.5% to $2.5 billion(7) BALANCE SHEET (1) Inclusive of non-controlling interest (2) Return on Equity is an annualized percentage equal to quarterly net income over the average monthly total stockholders’ equity for the period (3) Core Return on Equity is an annualized percentage equal to core earnings over the average monthly total stockholders’ equity for the period. Refer to the “Core Earnings Reconciliation” slide for a reconciliation of GAAP Net Income to Core Earnings (4) Q4 Dividend yield for the period based on the 12/31/2018 closing share price of $13.83 (5) Represents fully committed amounts (6) Excludes the equity component of our 2017 convertible note issuance (7) Represents carrying value of loans

2018 HIGHLIGHTS 4 . Net income of $61.5 million(1), or $1.84 per common share . Core earnings of $58.7 million(1), or $1.76 per common share . Declared dividend of $1.57 per share EARNINGS / DIVIDENDS . Return on Equity(2) of 10.8% . Core Return on Equity(3) of 10.3% . Dividend Yield(4) of 11.4% RETURNS . SBC loan originations of $1.2 billion . SBA loan originations of $213.0 million . Residential mortgage loan originations of $1.8 billion . Acquired $380.4 million of SBC loans LOAN ORIGINATIONS(5) / ACQUISITIONS . Completed separate firm-sponsored securitizations of originated fixed-rate SBC loans, originated transitional loans, and acquired SBC loans totaling approximately $600 million of bonds issued . Loans increased by 19.7% to $2.5 billion(6) BALANCE SHEET (1) Inclusive of non-controlling interest (2) Return on Equity is an annualized percentage equal to quarterly net income over the average monthly total stockholders’ equity for the period (3) Core Return on Equity is an annualized percentage equal to core earnings over the average monthly total stockholders’ equity for the period. Refer to the “Core Earnings Reconciliation” slide for a reconciliation of GAAP Net Income to Core Earnings (4) Q4 Dividend yield for the period based on the 12/31/2018 closing share price of $13.83 (5) Represents fully committed amounts (6) Represents carrying value of loans

RETURN ON EQUITY 5 1) Levered yields include interest income, accretion of discount, MSR creation, income from our unconsolidated joint venture, realized gains (losses) on loans held for sale, unrealized gains (losses) on loans held for sale and servicing income net of interest expense and amortization of deferred financing costs on an annualized basis. 2) GAAP ROE is based on GAAP Net Income, while Core ROE is based on Core Earnings, which adjusts GAAP Net Income for the items in the “Core Earnings Reconciliation” slide. 3) ROE based on net income before tax of the Residential Mortgage Banking business line divided by the business line’s equity. Segment Loan Acquisitions 19.2 % 19.2 % 18.8 % SBC Originations 10.6 % 10.6 % 54.9 % SBA Originations, Acquisitions, & Servicing 31.0 % 31.0 % 14.8 % Residential Mortgage Banking (3) 2.0 % 8.9 % 11.5 % 4.3 5.3 6.0 4.9 4.8 5.7 (2.5) (2.5) (2.9) (2.7) (2.3) (2.8) 16.1 % 18.6 % 19.4 % 17.2 % 17.6 % 18.8 % (2.1) 6.5 3.2 (1.9) 6.5 3.3 (7.6) (10.6) (10.0) (7.6) (10.7) (10.0) (1.7) (1.5) (1.6) (1.7) (1.5) (1.6) 2.1 (0.6) (0.2) 2.1 (0.6) (0.2) 6.8 % 12.4 % 10.8 % 8.1 % 11.3 % 10.3 %Return on equity Corporate leverage Realized & unrealized gains, net Other income and expenses, net Investment advisory fees Provision for income taxes Gross return on equity Non-earning assets, net 14.3 % 16.3 % 15.0 %15.8 % 15.1 % 15.9 % GAAP ROE (2) Core ROE (2) Levered Yield (1) Core Levered Yield (1) Equity Allocation Q4'18 FY 2018 Q4'18 FY 2018Q3'18 Q3'18

SBC ORIGINATION VOLUME BY PRODUCT TYPE(1) 6 • Highlights • Total SBC and SBA loan originations of $398.3 million for the quarter • Transitional loan originations up $71.4 million, or 75% QoQ (1) Origination volumes are based on fully committed amounts $38.3 $48.3 $48.3 $51.1 $65.4 $29.7 $23.0 $69.4 $125.4 $95.7 $111.4 $110.6 $160.3 $70.3 $70.3 $75.4 $78.0 $122.6 $95.5 $166.9 0 20 40 60 80 100 120 140 160 Q4'17 Q1'18 Q2'18 Q3'18 Q4'18 Fully committed ($ in millions) SBA Conventional Freddie Mac Transitional

Q4 2018 QUARTERLY SBC INVESTMENT ALLOCATION 7 • Total funded investments of $354.2 million added during the quarter. • Funded $345.2 million(1) of SBC and SBA loan originations. • Acquired $9.0 million of SBC loans (1) Represents actual disbursements during the quarter. (2) $ in millions (3) Based on fully funded loan amount (4) Gross yield equals contractual interest rates and accretion of discount based on the Company’s estimates of loan performance, where applicable (5) Weighted average advance rate of all assets of this loan type currently financed on the Company’s facilities (6) Weighted average debt cost of all assets of this loan type currently financed on the Company’s facilities (7) SBA loan counts include the guaranteed and unguaranteed loan portion. (in millions, except loan count information) # of Loans Gross Yield(4) Weighted Avg Maturity(3) FX / ARM Avg Advance Rate(5) Debt Cost (6) Loan Originations Held-for-investment SBC $ 102.6 19 $ 5.4 5.4% 9 years 100% / 0% 81%1M Libor +229 Transitional 107.8 38 2.8 6.3% 3 years 0% / 100% 69%1M Libor + 231 SBA(7) 16.1 71 0.1 7.4% 21 years 0% / 100% 73%1M Libor + 250 Prime + 29 Held-for-sale SBA(7) $ 48.4 71 $ 0.3 7.4% 21 years 0% / 100% 73% 1M Libor + 250 Prime + 29 Freddie Mac 70.3 30 2.3 4.8% 13 years 61% / 39% 100%1M Libor + 175 Total Loan Originations $ 345.2 229 $ 1.5 5.9% 10 years 38% / 62% 80% SBC: 1M Libor + 216 SBA: 1M Libor + 250; Prim e + 29 Loan Acquisitions SBC $ 9.0 22 $ 0.4 7.6% 3 years 100% / 0% 78%SBC: 1M Libor + 248 Total Loan Acquisitions $ 9.0 22 $ 0.4 7.6% 3 years 100% / 0% 78%SBC: 1M Libor + 248 Total SBC Investment (Originations + Acquisitions) $ 354.2 251 $ 1.4 6.1% 10 years 40% / 60% 80% SBC: 1M Libor + 217 SBA: 1M Libor + 250; Prim e + 29 Avg Balance Gross Investments (2)

SBC ORIGINATIONS -SEGMENT SNAPSHOT 8 1) Represents fully committed amounts. 2) As of March 12, 2019 including 2019 fundings. 3) $ in millions, as of quarter end. 4) Represents fixed rate loans that have been securitized. 5) Includes interest income, accretion of discount, and servicing income net of interest expense and amortization of deferred financing costs. 6) Includes realized and unrealized gains (losses) on loans held for sale and MSR creation. • Originations of $332.9 million(1), 61% of loans held-for-investment are floating rate • Gains on sales of Freddie Mac loans of $1.1 million • Origination pipeline of $482.5 million(2) • $210.8 million of transitional loans • $168.4 million of conventional SBC loans • $103.3 million of Freddie Mac loans 10.0% 11.7% 12.5% 9.4% 8.9% 2.7% 2.3% 2.4% 2.3% 1.8% 0.0% 5.0% 10.0% 15.0% 20.0% Q4 '17 Q1 '18 Q2 '18 Q3 '18 Q4 '18 Gross Levered Yield (ex. Gains) Gains on Loans, held for sale GROSS LEVERED YIELDCURRENT QUARTER HIGHLIGHTS (5) (6) Portfolio Metrics (Balance Sheet) Number of loans 365 357 397 403 421 Unpaid Principal Balance (3) $1,094 $ 1,120 $ 1,202 $ 1,305 $ 1,479 Carrying Value (3) $1,108 $ 1,132 $ 1,213 $ 1,314 $ 1,488 Weighted Average LTV 61% 61% 60% 60% 63% Weighted Average Coupon 6.2% 6.4% 6.4% 6.3% 6.3% Weighted Average Maturity 5 years 5 years 5 years 5 years 5 years Weighted Average Principal Balance (3) $ 3.0 $ 3.1 $ 3.0 $ 3.2 $ 3.5 Percentage of loans fixed / floating 58% / 42% 56% / 44% 55% / 45% 56% / 44% 55% / 45% Percentage of fixed, match funded (4) 60.4% 82.2% 73.9% 62.8% 54.2% Percentage of loans 30+ days delinquent 1.4% 1.3% 1.7% 1.3% 2.3% Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018

SBA ORIGINATIONS, ACQUISITIONS, & SERVICING-SEGMENT SNAPSHOT 9 1) Represents fully committed amounts. 2) As of March 12, 2019 including 2019 fundings. 3) $ in millions, as of quarter end. 4) Includes interest income, accretion of discount, and servicing income net of interest expense and amortization of deferred financing costs. 5) Includes realized and unrealized gains (losses) on loans held for sale and MSR creation. • $55.0 million of SBA secondary market loans sales, with an average sale premium of 9.1% • Originations of $65.4 million(1) • Origination pipeline of $167.7 million SBA loans(2) 16.8% 20.4% 17.1% 16.6% 17.1% 6.1% 8.0% 11.8% 11.6% 13.9% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% Q4 '17 Q1 '18 Q2 '18 Q3 '18 Q4 '18 Gross Levered Yield (ex. Gains) Gains on Loans, held for sale CURRENT QUARTER HIGHLIGHTS GROSS LEVERED YIELD (4) (5) Portfolio Metrics (Balance Sheet) Number of loans 2,106 2,062 2,029 1,976 1,931 Unpaid Principal Balance (3) $508 $ 502 $ 489 $ 481 $ 467 Carrying Value (3) $455 $ 452 $ 438 $ 434 $ 424 Weighted Average LTV 78% 78% 79% 79% 79% Weighted Average Coupon 5.9% 6.2% 6.4% 6.6% 7.0% Weighted Average Maturity 14 years 14 years 14 years 14 years 14 years Weighted Average Principal Balance (3) $ 0.2 $ 0.2 $ 0.2 $ 0.2 $ 0.2 Percentage of loans fixed / floating 1% / 99% 1% / 99% 1% / 99% 1% / 99% 1% / 99% Percentage of loans 30+ days delinquent 6.9% 6.0% 3.6% 4.1% 7.0% Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018

LOAN ACQUISITIONS-SEGMENT SNAPSHOT 10 1) Excludes joint venture investment. 2) $ in millions, as of quarter end. 3) Represents fixed rate loans that have been securitized. 4) As of March 12, 2019, including 2019 acquisitions. • At this stage of the credit cycle, ample inventory of opportunistic performing SBC loans • Acquired $9.0 million of SBC loans • Acquisition pipeline of $230.0 million SBC loans(4) 12.0% 12.5% 11.1% 11.9% 12.2% 4.2% 15.0% 3.0% 4.5% 7.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Q4 '17 Q1 '18 Q2 '18 Q3 '18 Q4 '18 Income on joint venture investment Gross Levered Yield (ex. Gains) CURRENT QUARTER HIGHLIGHTS GROSS LEVERED YIELD Portfolio Metrics(1) (Balance Sheet) Number of loans 858 976 1,019 949 896 Unpaid Principal Balance (2) $417 $ 525 $ 602 $ 617 $ 573 Carrying Value (2) $376 $ 488 $ 569 $ 588 $ 548 Weighted Average LTV 49% 50% 51% 49% 44% Weighted Average Coupon 6.3% 6.5% 6.6% 6.7% 6.6% Weighted Average Maturity 10 years 8 years 8 years 8 years 7 years Weighted Average Principal Balance (2) $ 0.5 $ 0.5 $ 0.6 $ 0.6 $ 0.6 Percentage of loans fixed / floating 49% / 51% 58% / 42% 62% / 38% 65% / 35% 66% / 34% Percentage of fixed, match funded (3) 43.7% 27.0% 15.5% 11.4% 51.6% Percentage of loans performing / non-performing 96% / 4% 97% / 3% 97% / 3% 98% / 2% 98% / 2% Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018

RESIDENTIAL MORTGAGE BANKING –SEGMENT SNAPSHOT 111) $ in millions. Represents activity during the quarter. 2) Represents fully committed amounts • MSR portfolio of approximately $7.5 billion in UPB, up 2.6% compared to Q3 • Fair market value of $93.1 million, up 1.5% compared to Q3 • Originations of $369.1 million(2) • Loan sales of $382.7 million • Origination pipeline of $124.0 million in commitments to originate residential agency loans(2) $6.6 $6.8 $7.0 $7.3 $7.5 $0.0 $2.0 $4.0 $6.0 $8.0 Q4' 17 Q1'18 Q2'18 Q3'18 Q4'18 MSR PORTFOLIO (UPB IN $ BILLIONS)CURRENT QUARTER HIGHLIGHTS Portfolio Metrics (quarterly activity) Unpaid principal balance (1) $ 458.7 $ 438.9 $ 498.6 $ 472.1 $ 369.1 % of Originations - Purchased 71.9% 72.8% 80.6% 79.6% 76.7% % of Originations - Refinanced 28.1% 27.2% 19.4% 20.4% 23.3% Channel - % Correspondent 38.6% 41.0% 36.7% 37.0% 38.2% Channel - % Retail 41.1% 39.3% 41.6% 42.5% 44.0% Channel - % Wholesale 20.3% 19.7% 21.7% 20.5% 17.8% Unpaid principal balance (1) $ 429.1 $ 475.5 $ 479.9 $ 496.1 $ 382.7 % of UPB - Fannie/ Freddie securitizations 60.6% 68.8% 67.6% 65.6% 62.8% % of UPB - Ginnie Mae securitizations 28.8% 20.4% 23.0% 24.3% 25.8% % of UPB - Other investors 10.6% 10.8% 9.4% 10.1% 11.5% Q3 2018 Q4 2018 Originations Sales Q4 2017 Q1 2018 Q2 2018 Fair Q4' 17 Q1' 18 Q2' 18 Q3' 18 Q4' 18 Value ($ mm) $ 72.3 $ 81.6 $ 85.6 $ 91.7 $ 93.1

ACTIVE SBC AND SBA LOAN SECURITIZATION PERFORMANCE 121) Represents remaining collateral in the securitization Issuance Date Delinquency 30+ Delinquency 60+ Delinquency 90+ Cumulative Loss Fixed Rate $ 727,754 RCMT 2014-1 September 2014 181,922 0.28 0.0% 0.0% 0.0% 0.0% RCMT 2015-2 November 2015 218,757 0.64 0.0% 0.0% 0.0% 0.0% RCMT 2016-3 November 2016 162,075 0.57 0.0% 0.0% 0.0% 0.0% RCMT 2018-4 March 2018 165,000 0.96 0.0% 0.0% 0.0% 0.0% $ 522,080 RCMF 2017-FL1 August 2017 243,797 0.43 0.0% 0.0% 0.0% 0.0% RCMF 2018-FL2 June 2018 278,283 0.98 2.1% 0.0% 0.0% 0.0% Freddie Mac $ 1,878,787 FRESB 2016-SB11 January 2016 109,965 0.69 0.0% 0.0% 0.0% 0.0% FRESB 2016-SB18 July 2016 118,037 0.81 0.0% 0.0% 0.0% 0.0% FRESB 2017-SB33 June 2017 219,852 0.92 1.7% 0.0% 0.0% 0.0% FRESB 2018-SB45 January 2018 362,018 0.99 0.0% 0.0% 0.0% 0.0% FRESB 2018-SB52 September 2018 561,584 1.00 0.0% 0.0% 0.0% 0.0% FRESB 2018-SB56 December 2018 507,331 1.00 0.0% 0.0% 0.0% 0.0% $ 189,492 RCLT2015-1 June 2015 189,492 0.40 4.9% 4.4% 2.4% 1.1% $ 515,153 WVMT 2011-SBC2 March 2011 97,557 0.25 3.7% 2.2% 2.2% 3.7% SCMT 2017-SBC6 August 2017 154,929 0.55 0.6% 0.0% 0.0% 0.0% SCMT 2018-SBC7 November 2018 262,667 0.96 1.8% 0.2% 0.0% 0.0% $ 3,833,266 Acquired Originated Total loan securitizations Securitization Original Collateral Balance Pool - Factor (1) Floating Rate SBA Acquired - Performing

INTEREST RATE RISK SENSITIVITY 13 1) As a percent of carrying value 2) Excludes loans held-for-sale, at fair value 3) Based on portfolio as of December 31, 2018 and assumes no future changes in the composition of the portfolio. PORTFOLIO -FIXED VS FLOATING INTEREST RATE SENSITIVITY ► 52% of our fixed rate loan portfolio is match funded $- $0.01 $0.02 $0.03 $0.04 $0.05 $0.06 $0.07 $0.08 25 basis point increase 50 basis point increase 75 basis point increase 100 basis point increase Annual Net Interest Income Per Share (Pre-tax)(3)

LOAN PORTFOLIO COMPOSITION AS OF DECEMBER 31, 2018(1)(2) Geographic Location Lien Position (1) As a percent of unpaid principal balance (2) Excludes loans held-for-sale, at fair value (3) 14 Collateral Type SBA Collateral Type

CAPITAL STRUCTURE –REDUCTION IN LIQUIDITY RISK ► Since going public in Q4 2016, we continue to optimize our capital structure: • Issued $345 million of corporate debt: • Convertible notes: 6 year notes, 7.0% coupon, $115 million • Senior secured notes: 5 year notes, 7.5% coupon • $75 million in 2/2017; YTM of 7.5% • $65 million in 6/2017; YTM of 6.75% • $40 million in 1/2018, YTM of 6.5% • Retail Baby Bonds: 3 year notes, 6.5% coupon, $50 million ► Completed $399.2 million securitization of originated fixed rate SBC loans in January 2019 15 Funding Mix Total Debt + Equity CURRENT SOURCES OF FUNDINGHISTORICAL CAPITAL STRUCTURETotal Debt + Equity ($M) Funding Mix $2,038 $2,193 $2,382 $2,480 $2,641 Convertible Notes $ 115 7.0% 7.0% Senior Secured Notes $ 180 7.5% 7.0% Retail Baby Bonds $ 50 6.5% 6.5% Total $ 345 7.2% 7.0% Principal Balance Coupon YTM Corporate Financing (in $M) 27% 26% 24% 23% 21% 5% 5% 5% 4% 4% 7% 8% 10% 9% 9% 31% 30% 29% 33% 32% 29% 31% 33% 30% 34% Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Common Equity Convertible senior notes Senior secured notes and Corporate debt Credit facilities and repurchase agreements Securitized debt obligations

FINANCING AND LEVERAGE 16 1.6x 1.7x 1.8x 2.0x 2.1x2.7x 2.9x 3.2x 3.4x 3.7x 0 0.5 1 1.5 2 2.5 3 3.5 4 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Historical Leverage Recourse Total HISTORICAL LEVERAGE Total Debt-to-Equity Ratio Secured borrowings (warehouse credit facilities and borrowings under repo transactions) $ 834.5 Securitized debt obligations 905.4 Senior secured notes and corporate bonds 227.3 Convertible notes 110.0 Total Debt $ 2,077.2 Total Stockholders' Equity $564.1 Total debt-to-equity ratio 3.68 Total recourse debt-to-equity ratio Total Debt $ 2,077.2 Less: Securitized debt obligations (905.4) Total recourse debt $ 1,171.8 Total Stockholders' Equity $564.1 Total recourse debt-to-equity ratio 2.08 12/31/2018 (in millions)

LOAN WAREHOUSE FACILITIES 17(1) $ in millions Bank Maturity Rate Description and Uses of Funds JPMorgan May '19 1M L + 2.50% $ 225 $ 157 Borrowings are used to finance SBC and SBA loan acquisitions, and SBA loan originations. KeyBank Feb '19 1M L + 1.75% 125 102 Borrowings are used to finance Freddie Mac SBC loan originations. East West July '20 Prime - 0.821 to + 0.029% 30 3 Borrowings are used to finance SBA loan originations. FCB June '21 2.75% 3 - Borrowings are used to finance SBC loan acquisitions. GMFS facilities < 1 year 1M L + 1.625 to 2.125% 205 136 Borrowings are used to finance Residential Agency loan originations. GMFS - MSR Sept '23 1M L + 2.50% 50 42 Borrowings are used to finance Residential Agency MSRs. $ 638 $ 440 Citibank June '19 1M L + 2.125 to 2.50% $ 500 $ 306 Borrowings are used to finance SBC loan originations and SBC loan acquisitions. Deutsche Bank Feb '20 3M L + 2.30 to 2.80% 300 60 Borrowings are used to finance SBC loan originations and Transitional loan originations. JPMorgan Dec '20 1M L + 2.25 to 4.00% 200 104 Borrowings are used to finance SBC and Transitional loan originations, and SBC loan acquisitions. $ 1,000 $ 470 Total Secured Borrowings $ 1,638 $ 910 Borrowings under repurchase agreements Total Borrowings under repurchase agreements Total Borrowings under credit facilities Borrowings under credit facilities Av ailable Capacity (1) Facility Size (1)

READY CAPITAL SNAPSHOT ($ amounts in thousands, except per share data) 18 (5) Excludes the equity component of our 2017 convertible note issuance 1) Average carrying value includes average quarterly carrying value of loan and servicing asset balances 2) Gross yields include interest income, accretion of discount, MSR creation, income from our unconsolidated joint venture, realized gains (losses) on loans held for sale, unrealized gains (losses) on loans held for sale and servicing income net of interest expense and amortization of deferred financing costs on an annualized basis. 3) The Company finances the assets included in the Investment Type through securitizations, repurchase agreements, warehouse facilities and bank credit facilities. Interest expense is calculated based on interest expense and deferred financing amortization for the quarter ended 12/31/2018 on an annualized basis. 4) Excludes loans, held for sale, at fair value 5) Excludes the equity component of our 2017 convertible note issuance. Net income attributable to Ready Capital Corporation $ 9,177 Earnings per share - Basic and diluted $ 0.30 Core Earnings per Common Share $ 0.34 Return on Equity per Common Share 6.8% Core Return on Equity per Common Share 8.1% Dividend Yield 11.6% Q4 2018 Earnings Data Metrics Common Stockholders' equity $ 544,831 Common Stockholders' equity (adjusted)(5) $ 542,851 Total Common Shares outstanding 32,105,112 Net Book Value per Common Share $ 16.97 Adjusted Net Book Value per Common Share $ 16.91 Book Equity Value Metrics % Fixed vs Floating Rate 49.6% / 50.4% % Originated vs Acquired 65.3% / 34.7% Weighted Average LTV - SBC 63% Weighted Average LTV - SBA 79% Weighted Average LTV - Acquired 44% Loan Portfolio Metrics (4) SBA servicing rights - UPB $ 506,155 SBA servicing rights- carrying value $ 16,749 Freddie Mac servicing rights - UPB $ 964,377 Freddie Mac servicing rights - carrying value $ 10,248 Residential servicing rights - UPB $ 7,466,679 Residential servicing rights - carrying value $ 93,065 Servicing Portfolio Metrics Average Carrying Value(1) Debt Cost (3) Levered Yield Loan Acquisitions 625,146$ 8.8% 469,174$ 5.4% 19.2% SBC Originations 1,481,368$ 6.9% 1,024,869$ 5.2% 10.6% SBA Originations, Acquisitions, & Servicing 446,857$ 12.2% 323,651$ 5.1% 31.0% Total 2,553,371$ 8.9% 1,817,694$ 5.2% 15.9% Investment Type Gross Yield(2) Average Debt Balance

APPENDIX 19

PER SHARE FINANCIAL PERFORMANCE 20 ► Adjusted net book value of $16.91 per common share as of December 31, 2018 Per Share Trends $0.38 $0.56 $0.48 $0.53 $0.30 $0.37 $0.47 $0.47 $0.48 $0.34 $0.37 $0.37 $0.40 $0.40 $0.40 $0.20 $0.30 $0.40 $0.50 $0.60 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Earnings Core earnings Dividends declared

BALANCE SHEET BY QUARTER 21 (In Thousands) Assets Cash and cash equivalents $ 63,425 $ 86,773 $ 105,833 $ 47,845 $ 54,406 Restricted cash 11,666 13,964 15,108 18,864 28,921 Loans, net 1,017,920 1,057,034 1,035,330 1,256,177 1,193,392 Loans, held for sale, at fair value 216,022 160,999 188,752 124,988 115,258 Mortgage backed securities, at fair value 39,922 47,181 50,070 94,341 91,937 Loans eligible for repurchase from Ginnie Mae 95,158 81,484 79,623 79,600 74,180 Investment in unconsolidated joint venture 55,369 50,229 41,598 40,914 33,438 Derivative instruments 4,725 5,022 4,758 5,846 2,070 Servicing rights 94,038 104,613 111,274 118,221 120,062 Receivable from third parties 6,756 11,064 980 1,529 8,888 Other assets 56,840 53,592 56,948 59,160 63,234 Assets of consolidated VIEs 861,662 968,999 1,122,706 1,053,274 1,251,057 Total Assets $ 2,523,503 $ 2,640,954 $ 2,812,980 $ 2,900,759 $ 3,036,843 Liabilities Secured borrow ings 637,393 663,116 684,382 822,414 834,547 Securitized debt obligations of consolidated VIEs, net 598,148 679,871 795,503 752,432 905,367 Convertible notes, net 108,991 109,226 109,484 109,743 109,979 Senior secured notes and Corporate notes, net 138,078 178,688 226,890 227,058 227,327 Guaranteed loan financing 293,045 278,500 263,920 246,229 229,678 Contingent consideration 10,016 10,732 1,686 1,773 1,207 Liabilities for loans eligible for repurchase f rom Ginnie Mae 95,158 81,484 79,623 79,600 74,180 Derivative instruments 282 756 935 39 3,625 Dividends payable 12,289 12,335 13,340 13,346 13,346 Accounts payable and other accrued liabilities 74,636 64,490 72,659 79,089 73,512 Total Liabilities $ 1,968,036 $ 2,079,198 $ 2,248,422 $ 2,331,723 $ 2,472,768 Stockholders’ Equity Common stock 3 3 3 3 3 Additional paid-in capital 539,455 539,457 539,457 539,869 540,478 Retained earnings (deficit) (3,385) 2,559 5,870 9,698 5,272 Accumulated other comprehensive loss — — — — (922) Total Ready Capital Corporation equity 536,073 542,019 545,330 549,570 544,831 Non-controlling interests 19,394 19,737 19,228 19,466 19,244 Total Stockholders’ Equity $ 555,467 $ 561,756 $ 564,558 $ 569,036 $ 564,075 Total Liabilities and Stockholders’ Equity $ 2,523,503 $ 2,640,954 $ 2,812,980 $ 2,900,759 $ 3,036,843 Adjusted Book Value per Share $ 16.69 $ 16.88 $ 16.95 $ 17.08 $ 16.91 12/31/201812/31/2017 3/31/2018 6/30/2018 9/30/2018

STATEMENT OF INCOME BY QUARTER 22(1) Certain balances have been reclassified to match current period presentation (In Thousands, except share data) Interest income $ 36,135 $ 37,150 $ 41,858 $ 44,287 $ 46,204 Interes t expense (21,067) (22,666) (26,407) (28,925) (31,240) Net interest income before provision for loan losses $ 15,068 $ 14,484 $ 15,451 $ 15,362 $ 14,964 Provision for loan losses (506) (167) 397 (800) (1,131) Net interest income after provision for loan losses $ 14,562 $ 14,317 $ 15,848 $ 14,562 $ 13,833 Non-interest income Residential mortgage banking activities $ 18,061 $ 14,024 $ 17,255 $ 17,011 $ 11,561 Net realized gain on financial instruments 6,177 12,232 8,620 6,946 10,610 Net unrealized gain (loss) on financial instruments 2,066 3,008 4,457 8,500 (11,112) Other income 3,130 1,334 1,826 1,204 1,222 Servicing income, net of amortization and impairment 6,787 6,410 6,627 6,922 7,116 Income on unconsolidated joint venture 1,048 5,739 1,503 2,178 2,728 Total non-interest income $ 37,269 $ 42,747 $ 40,288 $ 42,761 $ 22,125 Non-interest expense Employee compensation and benefits (14,409) (15,320) (14,272) (14,163) (12,847) Allocate d emp loyee compensat ion an d bene fits f rom re late d party (833) (1,200) (1,200) (1,200) (600) V ar iable expenses on res id ent ial mortgage ban king act ivities (8,591) (2,290) (7,493) (8,337) (4,108) Professional fees (2,588) (2,648) (2,401) (2,294) (420) Management fees – related party (2,041) (2,013) (2,036) (2,070) (2,058) Incentive fees – related party — (408) (269) — (467) Loan servicing expense (2,811) (4,093) (3,000) (4,247) (3,442) Other operating expenses (7,752) (8,011) (8,916) (6,548) (5,267) Total non-interest expense $ (39,025) $ (35,983) $ (39,587) $ (38,859) $ (29,209) Income before provision for income taxes (benefit) $ 12,806 $ 21,081 $ 16,549 $ 18,464 $ 6,749 Provision for income taxes (benefit) (76) (2,563) (665) (895) 2,737 Ne t incom e $ 12,730 $ 18,518 $ 15,884 $ 17,569 $ 9,486 Less: Net income attributable to non-controlling interest 633 664 588 638 309 Net income attributable to Ready Capital Corporation $ 12,097 $ 17,854 $ 15,296 $ 16,931 $ 9,177 Earnings per common share - basic $0.38 $ 0.56 $ 0.48 $ 0.53 $ 0.30 Earn ings per common s hare - dil ute d $0.38 $ 0.56 $ 0.48 $ 0.53 $ 0.30 Weighted-average shares outstanding - Basic 32,031,494 32,036,504 32,073,717 32,109,642 32,122,503 Weighted-average shares outstanding - Diluted 32,034,610 32,045,844 32,092,750 32,130,262 32,138,712 Dividends declared per share of common stock $0.37 $ 0.37 $ 0.40 $ 0.40 $ 0.40 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018

CORE EARNINGS RECONCILIATION 23 (In Thousands) Net Income $ 12,730 $ 18,518 $ 15,884 $ 17,569 $ 9,486 Reconciling items: Unrealized (gain) loss on mortgage-backed securities $24 $ 79 $ 86 $ (10) $ 226 Unrealized (gain) loss on mortgage servicing rights 47 (4,155) (253) (1,969) 2,171 Total reconciling items $71 $ (4,076) $ (167) $ (1,979) $ 2,397 Core earnings before income taxes $ 12,801 $ 14,442 $ 15,717 $ 15,590 $ 11,883 Income tax adjustments (359) 1,047 64 495 (547) Core earnings $ 12,442 $ 15,489 $ 15,781 $ 16,085 $ 11,336 Less: Core earnings attributable to non-controlling interests $619 $ 555 $ 584 $ 584 $ 369 Core earnings attributable to Common Stockholders $ 11,823 $ 14,935 $ 15,197 $ 15,501 $ 10,967 Core earnings per share $0.37 $ 0.47 $ 0.47 $ 0.48 $ 0.34 Weighted average common shares outstanding 32,031,494 32,036,504 32,073,717 32,109,642 32,122,503 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 We believe that providing investors with Core Earnings, a non-U.S. GAAP financial measure, in addition to the related U.S. GAAP measures, gives investors greater transparency into the information used by management in our financial and operational decision-making. However, because Core Earnings is an incomplete measure of our financial performance and involves differences from net income computed in accordance with U.S. GAAP, it should be considered along with, but not as an alternative to, our net income as a measure of our financial performance. In addition, because not all companies use identical calculations, our presentation of Core Earnings may not be comparable to other similarly-titled measures of other companies. We calculate Core Earnings as GAAP net income (loss) excluding the following: i) any unrealized gains or losses on certain MBS ii) any realized gains or losses on sales of certain MBS iii) any unrealized gains or losses on Residential MSRs iv) one-time non-recurring gains or losses, such as gains or losses on discontinued operations, bargain purchase gains, or merger related expenses In calculating Core Earnings, Net Income (in accordance with GAAP) is adjusted to exclude unrealized gains and losses on MBS acquired by us in the secondary market, but is not adjusted to exclude unrealized gains and losses on MBS retained by us as part of our loan origination businesses, where we transfer originated loans into an MBS securitization and retain an interest in the securitization. In calculating Core Earnings, we do not adjust Net Income (in accordance with GAAP) to take into account unrealized gains and losses on MBS retained by us as part of our loan origination businesses because we consider the unrealized gains and losses that are generated in the loan origination and securitization process to be a fundamental part of this business and an indicator of the ongoing performance and credit quality of our historical loan originations. In calculating Core Earnings, Net Income (in accordance with GAAP) is adjusted to exclude realized gains and losses on certain MBS securities considered to be non-core. Certain MBS positions are considered to be non-core due to a variety of reasons which may include collateral type, duration, and size. In addition, in calculating Core Earnings, Net Income (in accordance with GAAP) is adjusted to exclude unrealized gains or losses on Residential MSRs, held at fair value. We treat our commercial MSRs and Residential MSRs as two separate classes based on the nature of the underlying mortgages and our treatment of these assets as two separate pools for risk management purposes. Servicing rights relating to our small business commercial business are accounted for under ASC 860, Transfer and Servicing, while our residential MSRs are accounted for under the fair value option under ASC 825, Financial Instruments. In calculating Core Earnings, we do not exclude realized gains or losses on either commercial MSRs or Residential MSRs, held at fair value, as servicing income is a fundamental part of our business and as an indicator of the ongoing performance.