H&R Unit To Pay $28.2 Mln To Settle SEC Charges
Option One Mortgage Corp. has agreed to pay $28.2 million to the U.S. Securities and Exchange Commission to settle charges that the H&R Block unit failed to disclose its deteriorating financial condition to potential investors in subprime residential mortgage-backed securities.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast