Topic: Option One Mortgage Corporation

Cerberus pulls out of Option One Mortgage Corporation deal

Alternative Assets Network - 1537 days ago
New York-based Cerberus Capital Management has agreed to terminate an agreement made in April under which the investment firm would have bought US financial services provider H&R Block's mortgage lending subsidiary Option One Mortgage Corporation, a wholly owned subsidiary of ...

H&R Block, Cerberus scrap mortgage deal

AP News - 1537 days ago
H&R Block Scraps Deal to Sell Mortgage Wing to CerberusH&R Block Inc. said Tuesday that a deal to sell its troubled mortgage lending arm has fallen through, forcing it to scrap most of the $1 billion business.The Kansas City-based ...

M&A not seen reviving after Labor Day

AP News - 1632 days ago
Buyouts Not Seen Picking Up Until Well After Labor DayThe old adage on Wall Street is that corporate takeovers come roaring back from the sluggish summer months right after Labor Day. This time around that line of thinking may not hold up ...