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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Post by nic_jordanon May 23, 2007 7:08pm

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Post# 12828392

JP Morgan closed the Xign acquisition

JP Morgan Chase closed the acquisition of Xign, as announced in this May 17th news release: https://www.xign.com/comp_news_051707.html So it is done, I guess the money is in the bank and already generating more interest income. Cheers!

Nick