Resource Bancshares Mortgage Group Inc. has filed a registration statement with the Securities and Exchange Commission to offer 3 million new common shares plus 450,000 shares for over-allotments.

A portion of the proceeds will be used to repay $19 million the company owes Resource Bancshares, which owns 41.4% of the company's common. In connection with the proposed offering, Resource Bancshares plans to buy $13 million of the common offered.

Montgomery Securities and UBS Securities Inc. will co-manage the offering.

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