Residential Mortgage Lender ResCap To Cut Jobs (WCCO Minneapolis/St. Paul)
In the second major job cut this year, Residential Capital LLC announced it would eliminate 1,000 jobs due to the “deterioration of the subprime mortgage market.” More Business News

H&R Block selling mortgage lender (The News & Observer)
After three weeks of speculation, H&R Block makes good on a promise to offload its struggling mortgage lending business, agreeing to sell Option One Mortgage.

Size Matters - Trading Markets
Size MattersTrading Markets, CA - Apr 19, 2007After much deliberation, Bill and his wife decide to take out a second mortgage, using the proceeds to pay for the clean-up costs. …

H&R Block Agrees To Sell Subprime Mortgage Business (The Tampa Tribune)
KANSAS - CITY, Mo. - After three weeks of speculation, H&R Block made good on a promise to offload its struggling mortgage lending business, agreeing Friday to sell Option One Mortgage Corp. to a private equity firm.