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Real Matters Inc T.REAL

Alternate Symbol(s):  RLLMF

Real Matters Inc. is a Canada-based technology company. The Company provides network management services platform for the mortgage and insurance industries. It provides residential real estate appraisal and title services to mortgage lenders in the United States of America and residential real estate appraisal and insurance inspection services in Canada. Its segments include U.S. appraisal, U.S. title, and Canada. The U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, home equity and default transactions through its Solidifi brand. The U.S. Title segment serves the title market by providing various title services for refinance, purchase, home equity, short sale and real estate owned transactions to financial institutions through its Solidifi brand. The Canadian segment’s primary service offerings include residential mortgage appraisals for purchase, refinance and home equity transactions provided through its Solidifi brand.


TSX:REAL - Post by User

Post by Dogsbreakfast4Uon Jun 20, 2022 6:48am
325 Views
Post# 34768142

Going private?

Going private?The company has been buying back shares at an extra ordinary pace the last few months. They have been buying the maximum number of shares under the recently renewed plan. Smith and Holland own directly or indirectly more than 5 million of the outstanding shares. Whether they will take the company private or not this buyback should put a floor under the share price around the current level. I jumped in last Friday as a lot of bad news has aleady been priced in this stock.
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