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.

NYSE:RC - Post by User

Ready Capital Corp

Bullboard Posts

Comment by nic_jordanon Sep 10, 2007 11:03pm

402 Views

Post# 13371274

RE: Another insider buying

Hey Cortez, If we were in the tech business selling gizmos to teens and 20 year olds, I'd agree with you fully. However, RDM is in the very conservative business of selling goods and services to banks, where experience and having connections matter a whole lot more IMHO. Also, this new VP has something I already like : HE IS BUYING SHARES OF RDM. As far as I can look back on sedi.ca, I cannot find a trace of the other guy EVER buying a single share of the company. (Maybe he did, but there is no trace to be found of it if he did). So, I find this new appointment to be a positive for RDM. Cheers!

Nick