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RCC - Only A Few Mortgage REIT Bargains Remain
July, 04 2021 07:03 AM
Ready Capital Corporation 5.75% Senior Notes due 2026
Excitement from investors pushed price-to-book values dramatically higher over the last several months. Following the huge rally, investors should be very wary about which mortgage REITs they are purchasing. One of the few that still offers an attractive risk/reward profile is NRZ. We added to our position in NRZ in late June, while taking profits on another mortgage REIT trade. For further details see:
Only A Few Mortgage REIT Bargains Remain
Stock Information
Company Name:
Ready Capital Corporation 5.75% Senior Notes due 2026
Stock Symbol:
RCC
Market:
NYSE
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