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Option One expects to fund less than half its pipeline

posted 56 weeks ago on Mortgage Insider

H&R Block, parent of soon-to-be-defunct Irvine subprime lender Option One Mortgage Corp., filed its quarterly report with the Securities and Exchange Commission yesterday. In it, the company revealed a few new details about its plans to wind down Option One, including that it expects to fund only $20 million to $30 million of Option One's [...]

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