{ "markdown": "Capitalization\n\n\n[ORANGE_DOT_PATTERN]\nREADY CAPITAL\u00ae\n\n\n
\n\nThe figure presents a stacked bar chart comparison of two metrics, 'Debt Balance ($ in millions)' and 'Leverage Ratio', across five categories of debt. The chart is organized into two vertical columns corresponding to these metrics. Each row represents a debt type, color-coded and labeled on the left. The categories, from top to bottom, are: PPPLF (yellow), Securitized Debt Obligations (green), Non-Recourse Secured Borrowings (red), Recourse Secured Borrowings (dark blue), and Corporate Debt (orange). A red dashed box highlights the bottom two categories: Recourse Secured Borrowings and Corporate Debt.
CategoryDebt Balance ($ in millions)Leverage Ratio
PPPLF$90.0x
Securitized Debt Obligations$1,1750.8x
Non-Recourse Secured Borrowings$1,7071.1x
Recourse Secured Borrowings$1,0820.7x
Corporate Debt$1,3750.9x
\n\n
\n\nThis is a donut chart titled \"UNENCUMBERED ASSET POOL\" illustrating the composition of a $0.7B asset pool. The chart is divided into five colored segments, each representing a different category of assets.
CategoryPercentage
Unrestricted cash23%
Loans26%
Servicing rights18%
REO7%
Other Assets26%
\n\n# HIGHLIGHTS\n\n- **1.1x** unencumbered assets to unsecured debt\n- **$1.5 billion** in available warehouse borrowing capacity across\n12 counterparties\n- Limited usage of securities repo financing at **2.4%** of total debt\n- Full mark-to-market liabilities and credit mark-to-market\nliabilities represent **43%** of total debt\n\n\n14\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 2046 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "text", "id": "text-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 15 }, "box": { "xmin": 0.04125, "ymin": 0.08217, "xmax": 0.2352, "ymax": 0.13399 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 0, "end": 15 }, "box": { "xmin": 0.04521, "ymin": 0.09067, "xmax": 0.22939, "ymax": 0.13224 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "logo", "id": "logo-0", "span": null, "grounding": { "page": 1, "range": { "start": 17, "end": 53 }, "box": { "xmin": 0.74695, "ymin": 0.04542, "xmax": 0.96646, "ymax": 0.11444 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 17, "end": 38 }, "box": { "xmin": 0.75255, "ymin": 0.05034, "xmax": 0.79898, "ymax": 0.10845 } }, { "page": 1, "range": { "start": 38, "end": 53 }, "box": { "xmin": 0.80073, "ymin": 0.06566, "xmax": 0.96227, "ymax": 0.09243 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "figure", "id": "figure-0", "span": null, "grounding": { "page": 1, "range": { "start": 55, "end": 1185 }, "box": { "xmin": 0.04996, "ymin": 0.1571, "xmax": 0.512, "ymax": 0.95025 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 55, "end": 1185 }, "box": { "xmin": 0.04996, "ymin": 0.1571, "xmax": 0.512, "ymax": 0.95025 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "figure", "id": "figure-1", "span": null, "grounding": { "page": 1, "range": { "start": 1187, "end": 1713 }, "box": { "xmin": 0.51589, "ymin": 0.13992, "xmax": 0.9686, "ymax": 0.54646 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 1187, "end": 1713 }, "box": { "xmin": 0.51589, "ymin": 0.13992, "xmax": 0.9686, "ymax": 0.54646 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "text", "id": "text-1", "span": null, "grounding": { "page": 1, "range": { "start": 1715, "end": 2039 }, "box": { "xmin": 0.51641, "ymin": 0.58469, "xmax": 0.9691, "ymax": 0.92308 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 1715, "end": 1729 }, "box": { "xmin": 0.5289, "ymin": 0.59361, "xmax": 0.63052, "ymax": 0.62212 } }, { "page": 1, "range": { "start": 1729, "end": 1778 }, "box": { "xmin": 0.54718, "ymin": 0.65371, "xmax": 0.85912, "ymax": 0.67751 } }, { "page": 1, "range": { "start": 1778, "end": 1846 }, "box": { "xmin": 0.54718, "ymin": 0.7254, "xmax": 0.96115, "ymax": 0.74809 } }, { "page": 1, "range": { "start": 1846, "end": 1864 }, "box": { "xmin": 0.57025, "ymin": 0.74822, "xmax": 0.68277, "ymax": 0.76918 } }, { "page": 1, "range": { "start": 1864, "end": 1935 }, "box": { "xmin": 0.54677, "ymin": 0.80868, "xmax": 0.95847, "ymax": 0.83138 } }, { "page": 1, "range": { "start": 1935, "end": 1995 }, "box": { "xmin": 0.5469, "ymin": 0.87024, "xmax": 0.96173, "ymax": 0.89211 } }, { "page": 1, "range": { "start": 1995, "end": 2039 }, "box": { "xmin": 0.56972, "ymin": 0.89226, "xmax": 0.79905, "ymax": 0.91415 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "marginalia", "id": "marginalia-0", "span": null, "grounding": { "page": 1, "range": { "start": 2041, "end": 2044 }, "box": { "xmin": 0.92957, "ymin": 0.94683, "xmax": 0.94873, "ymax": 0.97216 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 2041, "end": 2044 }, "box": { "xmin": 0.932, "ymin": 0.95108, "xmax": 0.94547, "ymax": 0.96692 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null } ] } ] }, "grounding": null, "metadata": { "req_id": null, "job_id": "parse-01m1xyr8yssd9520ghkqrwtmk2", "model_version": "dpt-3-pro-20260710", "page_count": 1, "markdown_chars": null, "output_markdown_chars": 2093, "range_units": "unicode_codepoints", "openapi_spec": "https://api.ade.landing.ai/openapi.json", "failed_pages": [], "duration_ms": 7442, "billing": { "service_tier": "standard", "total_credits": 1.1 } } }