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 > Total Silence

<< Previous

Bullboard Posts

Next >>

Comment by paperbullon Nov 16, 2016 1:19pm

95 Views

Post# 25469625

RE:RE:Total Silence

it's the growing pile of idle cash that's really starting to concern me. Truly hope there's a special dividend coming (as well as healthy dividend increase noted for 2017).

In other news Norrep Capital almost doubled their holdings last month (to 238K shares) and Caldwell added 22,000 and now owns 66K in their Momentum Series I.

I don't see any institutions dumping positions (recently)

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale