Sutherland Asset Management Corporation Announces Name Change To Ready Capital Corporation
SUTHERLAND ASSET MGMT CORP (SLD)
Last sutherland asset mgmt corp earnings: 8/7 05:36 pm
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sutherlandam.com
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Source: PR Newswire
NEW YORK, Sept. 24, 2018 /PRNewswire/ -- Sutherland Asset Management Corporation (NYSE: SLD) announced that, effective 12:01 a.m. Eastern Time on September 26, 2018, it will change its name to "Ready Capital Corporation"."The Ready Capital brand represents part of our larger strategy to improve shareholder value," said Tom Capasse, Chief Executive Officer. "We believe, with this rebrand, we have simplified our story, and now can prominently feature our lending products and services for our clients.""The rebranding initiative further signifies our commitment to the sector," said Carole Mortensen, Chief Operating Officer. "Our goal is to position the Ready Capital brand as a proven leader in mortgage finance with the reputation of possessing a flexible credit philosophy, yet strong investment discipline. Simply stated, this is who we are."In connection with the name change, effective on October 1, 2018, the Company's trading symbols on the New York Stock Exchange will change from "SLD"
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