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Ready Capital Corp T.RC


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

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

Bullboard Posts
Post by Swampdonkeyon Jun 20, 2000 6:14pm
226 Views
Post# 2090186

Should have closed higher!

Should have closed higher!Looks like someone at First Delta Securities Inc. wanted RDM to close lower. They sold 200 shares at the bell for $4.10 to bring down the closing price. The previous 6 trades consisted of 5,400 shares being traded in a range of $4.40 to $4.50. Good news is that there are only 12,000 shares as of closing time that stand between us and $6.00. Asks are very thin beyond that as well.
Bullboard Posts