Industry News

Option One’s warehouse lenders can terminate obligations next month

H&R Block continues effort to sell subprime lending subsidiary
Published on Mar 14, 2007

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by CareyBot

Subprime lender Option One Mortgage Corp.’s eight warehouse lenders will have the legal right to terminate their obligations to fund future loans at the end of April, and take away Option One’s right to service existing loans. Option One had ...

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