Good Shares to Buy

RAMS Mortgage lender

Mortgage lender, RAMS Home Loans Group (RHG) which listed at  ASX on July 27 with a price of $2.50 had a very wild ride so far.  Shares dropped as low as 86 cents two weeks ago, recovering to around one dollar by the end of August. RAMS will move to refinance loans worth over $6 billion in a bid to minimise losses. In what is believed to be a first for an Australian issuer, RAMS invoked a clause forcing lenders in the United States to extend its loan period by 180 days. This will give the mortgage provider time to put in place alternative financing, believed to be based on securitisation.

haha

{ 9:23 AM, 3/10/2007 } { Posted by Anonymous }

good pick.. not

Hahaha

{ 8:10 AM, 22/11/2007 } { Posted by Anonymous }

Honey, we lost the lost book