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 ...

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 ...

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 ...

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 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 ...

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 ...

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 ...

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., the nation's largest tax preparer, said this morning in a filing with the Securities and Exchange Commission that it will report surprisingly large losses for the quarter ended ...

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 ...