Mortgage company RHG has accepted a revised takeover offer from lender Resimac, which has had to fight off a rival bid from Pepper Australia.Last week, the board of RHG recommended that shareholders accept an offer for all the shares in the company from a syndicate led by Resimac, which offered 44.1 cents a share.Two days later, Pepper launched a competing bid for RHG, offering 46 cents a share. Both bidders said their offers would not be reduced by a proposed dividend payment of three cents a share to RHG shareholders.Yesterday's counter-offer raised the asking price for RHG to 48 cents a share. The total consideration has increased from $136 million to $148 million.RHG's average share price over the 30 days to July 5 was 39.7 cents. RHG, which manages a mortgage book in run-off, made a net profit of $16.1 million for the six months to December. The company's mortgage book ran down from $2.8 billion in June last year to $2.4 billion in December.