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H&R Block to sell subprime lender unit Option One
 
Reuters - H&R Block Inc. , the largest U.S. tax preparer, agreed to sell its subprime lender Option One Mortgage Corp. to an affiliate of Cerberus Capital Management L.P., and said it is closing the unit's H&R Block Mortgage Corp.
H&R Block sells subprime unit
 
AP - H&R Block Inc. will sell its troubled Option One Mortgage Corp. subsidiary to an affiliate of Cerberus Capital Management LP, the finance management company said Friday, in a continued shakeout of the subprime lending market.

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