5
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549 SCHEDULE 13G
(Amendment Number 3)
Under the Securities Exchange Act of 1934
Resource Bancshares Mortgage Group, Inc.
(Name of Issuer)
Common Stock $0.10 par value
(Title of Class of Securities)
761-197-10-2
(CUSIP Number)
Check the following box if a fee is being paid with this
statement [ ].
The information required on the remainder of this cover
page shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934 ("Act")
or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of
the Act.
<PAGE>
Cusip Number: 761-197-10-2
(1)
Name of Reporting Person and S.S. or I.R.S. Identification
Number of Above Person:
Tiger Management L.L.C.
(2)
Check the Appropriate Box if a Member of
a Group:
(a)
(b)
(3)
SEC Use Only:
(4)
Citizenship or Place of Organization:
Delaware
(5) Sole Voting Power: -0-
(6) Shared Voting Power: -0-
(7) Sole Dispositive Power: -0-
(8) Shared Dispositive Power: -0-
(9)
Aggregate Amount Beneficially Owned by Each Reporting
Person: 0
(10)
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
(11)
Percent of Class Represented by Amount in Row (9):
0%
(12)
Type of Reporting Person:
IA
Cusip Number: 761-197-10-2
(1)
Name of Reporting Person and S.S. or
I.R.S. Identification Number of Above
Person: Tiger Performance L.L.C.
(2)
Check the Appropriate Box if a Member of
a Group:
(a)
(b)
(3)
SEC Use Only:
(4)
Citizenship or Place of Organization:
Delaware
(5) Sole Voting Power: -0-
(6) Shared Voting Power: -0-
(7) Sole Dispositive Power: -0-
(8) Shared Dispositive Power: -0-
(9)
Aggregate Amount Beneficially Owned by Each Reporting
Person: 0
(10)
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
(11)
Percent of Class Represented by Amount in Row (9):
0%
(12)
Type of Reporting Person:
IA
<PAGE>
Cusip Number 761-197-10-2
(1)
Name of Reporting Person and S.S. or I.R.S.
Identification Number of Above Person:
Panther Partners, L.P.
(2)
Check the Appropriate Box if a Member of a Group:
(a)
(b)
(3)
SEC Use Only:
(4)
Citizenship or Place of Organization:
Delaware
(5) Sole Voting Power: -0-
(6) Shared Voting Power: -0-
(7) Sole Dispositive Power: -0-
(8) Shared Dispositive Power: -0-
(9)
Aggregate Amount Beneficially Owned by Each Reporting
Person: -0-
(10)
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
(11)
Percent of Class Represented by Amount in Row (9):
0%
(12)
Type of Reporting Person:
IV PN
<PAGE>
Cusip Number: 761-197-10-2
(1)
Name of Reporting Person and S.S. or I.R.S.
Identification Number of Above Person:
Panther Management Company, L.P.
(2)
Check the Appropriate Box if a Member of a Group:
(a)
(b)
(3)
SEC Use Only:
(4)
Citizenship or Place of Organization:
Delaware
(5) Sole Voting Power: -0-
(6) Shared Voting Power: -0-
(7) Sole Dispositive Power: -0-
(8) Shared Dispositive Power: -0-
(9)
Aggregate Amount Beneficially Owned by Each Reporting
Person: -0-
(10)
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
(11)
Percent of Class Represented by Amount in Row (9):
0%
(12)
Type of Reporting Person:
IA PN
<PAGE>
Cusip Number: 761-197-10-2
(1)
Name of Reporting Person and S.S. or I.R.S.
Identification Number of Above Person:
Julian H. Robertson, Jr.
(2)
Check the Appropriate Box if a Member of a
Group:
(a)
(b)
(3)
SEC Use Only:
(4)
Citizenship or Place of Organization:
U.S.
(5) Sole Voting Power: -0-
(6) Shared Voting Power: -0-
(7) Sole Dispositive Power: -0-
(8) Shared Dispositive Power: -0-
(9)
Aggregate Amount Beneficially Owned by Each Reporting
Person: -0-
(10)
Check if the Aggregate Amount in Row (9) Excludes
Certain Shares:
(11)
Percent of Class Represented by Amount in Row (9):
0%
(12) Type of Reporting Person:
IN
<PAGE>
Item 1(a) Resource Bancshares Mortgage Group, Inc.
Item 1(b) 7909 Parklane Rd., Suite 150, Columbia, SC
29223
Item 2(a) This statement is filed on behalf of Tiger
Management L.L.C.("TMLLC"), Tiger Performance L.L.C.
("TPLLC"), Panther Partners, L.P. ("Panther") and
Panther Management Company, L.P. ("PMCLP").
Julian H. Robertson, Jr. is the ultimate controlling
person of TMLLC, TPLLC and PMCLP.
Item 2(b) The address of each reporting person is 101
Park Avenue, New York, NY 10178
Item 2(c) Incorporated by reference to item (4) of the
cover page pertaining to each reporting person.
Item 2(d) Common Stock $0.10 par value
Item 2(e) 761-197-10-2
Item 3. Panther is an investment company registered
under
Section 8 of the Investment Company Act. Each of TMLLC,
TPLLC and PMCLP is an investment adviser registered
under Section 203 of the Investment Advisers Act of
1940.
Item 4. Ownership as of December 31, 1996 is
incorporated by reference to items (5) - (9) and (11)
of the cover page pertaining to each reporting person.
Item 5. The reporting persons have ceased to be the
beneficial owners of more than five percent of the
class.
Item 6. Not applicable
Item 7. Not applicable
Item 8. Not applicable
Item 9. Not applicable
Item 10. By signing below, I certify that, to the best
of my knowledge and belief, the securities referred to
above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the
issuer of such securities and were not acquired in
connection with or as a participant in any transaction
having such purpose or effect.
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
February 10, 1997
TIGER MANAGEMENT L.L.C.
/S/Nolan Altman,
Chief Financial Officer
TIGER PERFORMANCE L.L.C.
/S/ Nolan Altman,
Chief Financial Officer
PANTHER PARTNERS, L.P.
By: Panther Management Company, L.P.,
its General Partner
By: Panther Management Corporation,
its General Partner
/S/ Nolan Altman,
Chief Financial Officer
PANTHER MANAGEMENT COMPANY, L.P.
By: Panther Management Corporation, its General Partner
/S/ Nolan Altman,
Chief Financial Officer
JULIAN H. ROBERTSON, JR.
/S/ Nolan Altman,
Under Power of Attorney
Dated: January 27, 1995,
On File with Schedule 13G for Kohl's Corp. 2/7/95
<PAGE>
EXHIBIT A
AGREEMENT
The undersigned agree that this Amendment Number 3 to
Schedule 13G dated February 10, 1997 relating to shares
of common stock of Resource Bancshares Mortgage Group,
Inc. shall be filed on behalf of each of the
undersigned.
TIGER MANAGEMENT L.L.C.
/S/ Nolan Altman,
Chief Financial Officer
TIGER PERFORMANCE L.L.C.
/S/ Nolan Altman,
Chief Financial Officer
PANTHER PARTNERS, L.P.
By: Panther Management Company, L.P.,
its General Partner
By: Panther Management Corporation,
its General Partner
/S/ Nolan Altman,
Chief Financial Officer
PANTHER MANAGEMENT COMPANY, L.P.
By: Panther Management Corporation,
its General Partner
/S/ Nolan Altman,
Chief Financial Officer
JULIAN H. ROBERTSON, JR.
/S/ Nolan Altman,
Under Power of Attorney
Dated: January 27, 1995,
On File with Schedule 13G for Kohl's Corp.
2/7/95
