Bankruptcy
Latest Posts
H&R Block Taps $250 Million of Available Credit, Citing Problems in Commercial Paper
Sep 25, 2007In an SEC filing this morning, H&R Block — parent of troubled subprime lender Option One Mortgage Company — said it had drawn $250 million against an available $2.0 billion in credit, and cited instability in the commercial paper market as they key reason for the draw. From the filing (emphasis added):
-
New Bill Would Repeal Home Mortgage Exception During Bankruptcy
Sep 21, 2007 -
American Home Delays Servicing Sale as Creditors Look to Pull Mortgage Servicing Rights
Sep 11, 2007 -
American Home to Auction Off Servicing Business Today
Sep 10, 2007 -
Hughes Watters Askanase Recognized for Foreclosure, Bankruptcy Work
Aug 23, 2007 -
Amstar Says Staff Laid Off, Looking for Branch Buyer
Aug 20, 2007 -
Former Aegis Employees Without Health Insurance
Aug 17, 2007 -
Credit Suisse Looks to Pull Servicing Contract from American Home
Aug 17, 2007 -
Countrywide Rallies on Rate Cut; Worried Depositors Pull Out Cash
Aug 17, 2007 -
First Magnus Halts Loans
Aug 16, 2007 -
Countrywide Taps $11.5 Billion in Liquidity, Accelerates Move to Thrift
Aug 16, 2007
Latest Videos
The New York sessions: Andrew Quist of SecurityNational Mortgage Company Jul 13, 2026 10:54 am
AI is changing mortgage lending. Business intelligence is making it possible. Jul 09, 2026 3:49 pm
