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

Post by nic_jordanon Feb 13, 2008 9:24pm

859 Views

Post# 14369993

Stimulous plan : 130 million CHECKS in May

Strange that no one mentionned this already, but I think that the U.S. stimulous plan actually offers 2 goodies for RDM : 1) It should help the ailing economy 2) They plan to sent about 130 million CHECKS to citizens : "Treasury Secretary Henry Paulson said last week that the Internal Revenue Service planned to send the rebate checks to about 130 million Americans." Although 130 million checks might not be big compared to the billions of checks cashed each year in the U.S., this should still be somewhat of a one time boost for ITMS (hopefully). Cheers!

Nick