Ready Capital Corp T.RC

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

Real Estate

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.

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Ready Capital Corp

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Comment by nic_jordanon Feb 14, 2007 5:48pm

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Post# 12237487

RE: A Canadian "check 21" in 2008!

If you ask me, that "rumor" sounds bogus. Why? I think that if another company was seriously considering the acquisition of RDM, it would not be planning it "before the end of the year", but rather whithin the next few weeks or months max, especially when you take into account the pace of the increase in share price we have been experiencing this past year. That being said, it certainly is not impossible that we get to be a target at one point or another. The last Q numbers have certainly awaken some of our competitors to the reality of RDM. That's all in my humble opinion of course. Cheers!

Nick