Buyers will line up for RHG book

RHG Mortgage Corp is keen to sell its mortgage book, and there’s no shortage of interested parties.

RHG, formerly RAMS Home Loans, confirmed this week that it has met with another party regarding the possible sale of its $2.5 billion mortgage book. RHG hasn’t yet confirmed who it’s in talks with, but from what I’ve heard, RESIMAC, a non-bank lender, is the other party. At current levels, RHG seems like a pretty good buy to me.

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