Rising interest rates have squeezed profits at Irvine-based subprime mortgage lender Option One Mortgage Corp., according to the latest quarterly results from parent company H & R; Block Inc. Kansas ...
April 20 (Reuters) - H&R Block Inc. , the largest U.S. tax preparer, agreed to sell its subprime lender Option One Mortgage Corp. to an affiliate of Cerberus Capital Management L.P., and said it is ...