Option One selected a key offering in ILOG’s BRMS product line, ILOG JRules, as the foundation for its automated mortgage pre-qualification system and underwriting system. Using ILOG JRules, Option ...

Borrowers can get approved with a 1% down payment. Guild even will kick in another 2% in the form of a grant you don't have ...

HR Block has pronounced it will shut down most of Option One's operations. ... Mortgage Rates Fall Back Below 7%. Mon, 3:18 PM POS, Bridge, Jumbo ARM Programs; M and A ...

Fitch Ratings said today that it has dropped its servicer ratings on troubled subprime mortgage outfit Option One Mortgage Company, whose pending sale to private equity investor Cerberus Capital ...

EXECUTIVES of H&R Block are faced with this dilemma: The company is better off if its stock stays low, at least for the time being. It’s heresy, of course, for a company to admit that. B… ...

H&R Block Inc. HRB disclosed that further cost-cutting is happening at its ailing Option One Mortgage Corp. business ahead of the unit's planned sale. H&R Block didn't provide details of the ...

H&R Block found a private equity buyer to take its troubled mortgage business off its hands, but at a substantial discount. Shares of H&R Block closed up 73 cents, or 3.3%, to $22.56 on Friday ...

In other mortgage news, Option One Mortgage Corporation, a division of H& amp;R ... Big Losses for PMI Company and HR Block Unloads Option One. By: Jann Swanson. Mon, Mar 17 2008, 7:00 AM ...

LOS ANGELES (CN) – H&R Block subsidiary Option One Mortgage Corp. will pay $28.2 million to settle SEC charges of misleading investors in subprime residential mortgage-backed securities, the SEC said ...

Cash-starved mortgage originators continue to scramble for ways to raise funds now that they are shut out of the asset-backed commercial paper market. Yesterday, H&R Block announced that its O… ...

H&R; Block Inc. said Thursday that the sale of its Option One Mortgage Corp. sub-prime lending unit might fall apart because of deteriorating credit markets and a quarterly loss that more than ...

Option One selected a key offering in ILOG’s BRMS product line, ILOG JRules, as the foundation for its automated mortgage pre-qualification system and underwriting system. Using ILOG JRules, Option ...