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 Jul 25, 2007 9:53pm

228 Views

Post# 13151901

RE: Indifference

The total absence of news releases since last Q (except for the receipt of the cash from Xign sale, which wasn't exactly news) certainly contributes a lot for this indifference. I mean, they are in a business growing quite fast right now and they do not have anything to say to us shareholders for 3 months?? Come on!!! I hope they have something good for us tomorrow evening. After waiting for some news for so long, we deserve it !

Although I must say that I am somewhat fearful of the impact of the Can$ strength on the results. On the other hand, it is already known that it will have an impact , thus it should already be priced in. Cheers! (and fingers crossed) Nick