Tuesday, October 2

Story date: 2007-10-05 07:07:00
Added on: 2007-10-05 11:00:23

News.com.au - Westpac lifeline for RAMS TROUBLED mortgage lender RAMS Home Loans Ltd has been thrown a lifeline by Westpac Banking Corporation Ltd, which will buy a $140 million stake in the business and provide it with $2 billion in funding.


Read more...

Related Stories:

• Westpac to Buy Some Assets Of Troubled RAMS

  Wall Street Journal - ... Westpac Banking Corp. struck a deal to buy the brand name and distribution business of troubled...
  2007-10-02 08:32:00

• RAMS gets a $3.5bn loan lifeline

  News.com.au - ... and distribution business to Westpac, has announced it has been able to line up enough funding to "roll...
  2007-12-28 06:57:00

• RAMS gets a $3.5bn loan lifeline (Daily Telegraph)

  RAMS, which is in the throes of selling its brand and distribution business to Westpac, has announced it has been able to...
  2007-12-28 05:01:00

• Saturday, December 29

  News.com.au - RAMS gets a $3.5bn loan lifeline RAMS, which is in the throes of selling its brand and distribution business to...
  2007-12-30 05:36:00

• RAMS funding lifeline (Herald Sun)

  TROUBLED mortgage lender RAMS Home Loans is almost certain to be handed a lifeline from several local institutions....
  2007-09-25 07:00:00

• Westpac buys RAMS unit

  News.com.au - The business to be acquired includes the RAMS brand, franchise network and associated mortgage origination and servicing systems and contracts...
  2007-10-01 05:48:00

• Australia’s Westpac to buy Rams business

  Financial Times - Under Tuesday’s deal, Westpac will fund up to A$500m of new Rams mortgages settled from mid-November until the acquisition’s...
  2007-10-02 01:48:00

• Australia's Westpac to acquire Rams Home Loan's distribution business

  Forbes - Westpac said last month it will work with Rams to refinance its XCP program at its expiry in the first...
  2007-10-16 05:45:00