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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
Post by _mvmon Nov 20, 2006 11:05am
353 Views
Post# 11713305

Trading

TradingIt seems to me that the situation as far as trading is concerned has not changed much. There still seem to be very few shares available although this time at a higher level. Any fund or larger investor looking for a decent position is going to have to be either a very patient buyer or swing some kind of a PP deal with RDM. As they are in a good cash position I think it all bodes well for the share price. This morning's dip was very predictable but low in volume. I would not at all be surprised if it ends today above Friday's close.
Bullboard Posts