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Ready Capital Corp T.RC


Primary Symbol: RC Alternate Symbol(s):  RC.PR.C

Ready Capital Corporation is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Its segments include LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates lower-to-middle-market commercial real estate (LMM) loans across the full life cycle of an LMM property including construction, bridge, stabilized and agency loan origination channels through its wholly owned subsidiary, ReadyCap Commercial, LLC. These originated loans are generally held-for-investment or placed into securitization structures. As part of this segment, it originates and services multi-family loan products under the Freddie Mac SBL program. The Small Business Lending segment acquires, originates and services owner-occupied loans guaranteed by the Small Business Administration (SBA) under its SBA Section 7(a) Program through its wholly owned subsidiary, ReadyCap Lending, LLC.


NYSE:RC - Post by User

Bullboard Posts
Comment by _mvmon Nov 16, 2006 5:31pm
326 Views
Post# 11696642

RE: Further to my last.

RE: Further to my last.I wouldn't worry about that. Remember Xign is on the balance sheet at cost. This thing will not be taken over anywhere close to $3.00. Everyone at the company is aware that this should be trading north of that let alone be taken over at that. Personally I doubt a takeover is the issue at all. I think it probably has to do with Xign IPO news getting out. I can't picture RDM selling before that IPO is done; at least not in a friendly takeover.
Bullboard Posts