Higher tax returns, sale of mortgage arm help H&R Block swing to 4Q profit (Minneapolis-St. Paul Star Tribune) KANSAS CITY, Mo. - H&R Block Inc., the nation's largest tax preparer, said Monday it swung to a fourth-quarter profit, helped by a record-setting tax season and the sale of
Block may sell mortgage unit, lowers earnings forecast (bizjournals.com via Yahoo! Finance) H&R Block Inc. is considering selling its Option One Mortgage Corp. and has lowered its fiscal 2007 earnings forecast because of mortgage pricing pressures and lower-than expected mortgage loan
What Caused Home the Mortgage Market to Go Out of Control? (GoldSeek.com) The mortgage market used to be a segregated, regional, illiquid and low margin but simple business.read more...
Real estate rush sends residents packing Rubble piles bear "For Sale" signs. Homes without roofs are being sold as-is. Placards announcing "We Buy Houses, Cash!" are posted on corners throughout middle-class neighborhoods.read more...
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No Headline Identified The Daily Reflector Habitat for Humanity raised $19,000 to build new homes at its third annual barbecue luncheon Wednesday.read more...
The surge in mortgage defaults is claiming more victims. Homeless rates are on the rise among evicted renters, local governments are losing tax revenue and reports of domestic violence are rising.
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