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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 homer19on Apr 30, 2002 11:58am
220 Views
Post# 5063530

question

questionI have held shares in RDM for about 2 years now and I can't understand why it is trading at such a low price. They have 9 million in the bank and growing.There financials are in the best shape ever while other tech co. are falling like flies and still only are trading 7600 shares today at $1.00. I made some money when they were at $6.00 so I can't complain to much but Please if anyone out there has any answers as to why RDM has not progressed the way I think they should be let me know.Maybe we shareholders need to pump RDM on other boards.
Bullboard Posts