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H&R Block NPL Portfolio Doesn't Sell.
- Source :
- Mortgage Servicing News; Jul2009, Vol. 13 Issue 6, p1-14, 2p
- Publication Year :
- 2009
-
Abstract
- The article reports on the failure of an auction of a $240 million portfolio of nonperforming loans by H&R Block Inc. in 2009 in Washington. Mortgages offered for auction belonged to H&R Block Inc.'s subprime division, Option One Mortgage Corp. According to an observer, there was strong interest in the portfolio, but the bid price was low.
- Subjects :
- AUCTIONS
NONPERFORMING loans
SUBPRIME mortgages
BID price
Subjects
Details
- Language :
- English
- ISSN :
- 10931252
- Volume :
- 13
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- Mortgage Servicing News
- Publication Type :
- Periodical
- Accession number :
- 43089284