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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
Comment by _mvmon Jan 31, 2005 8:07pm
73 Views
Post# 8516928

RE: You are getting

RE: You are getting"I believe fair value for this stock is somewhere in the $4-5 range" I don't know how you come to that but I think it is a little bit high. Fair value is well above where we are today though but I think the mistake you are making in your thinking is that a newsrelease can move this thing. This company has done a really nice job of building it client base and line of products and has gone from the story with a lot of blue sky that it was a few years ago to a growing viable company that is here to stay. To me that means that you evaluate them on their earnings and on how well they manage to meet their growth targets. Great story on both fronts there. So I increased my position last week and will sit back until the performance of the stock catches up with the performance of the company. It will, but it will take time as well. We have had 2 profitable quarters and hopefully Q1 will continue the trend and that should lift us another notch.
Bullboard Posts