Refinance Mortgage News
Rams Faces Further Losses If Debt Not Paid
Wednesday February 27, 2008
THE former owner of RAMS has warned its shareholders that the home loans business could incur further losses if it fails to refinance or defaults on the debt lifelines that replaced $5.5 billion of short-term loans that nearly brought down the group.'liar Loans' Face Blame For Wiping Out Home Owners
Saturday February 9, 2008
JOE Ripplinger took out a $US184,000 mortgage in 2006 and makes payments every month. Now he owes $US192,000 ($A214,000).