H&R Block posts larger 1Q loss (Minneapolis-St. Paul Star Tribune)

KANSAS CITY, Mo. H&R Block Inc. on Thursday cast new doubt on the pending sale of its troubled mortgage lending arm, saying it's trying to renegotiate sales terms as credit markets continue to deteriorate. "The mortgage origination market is in the midst of the most severe dislocation it has seen in years, maybe the most severe since the 1930s," Mark Ernst, chairman and chief executive, told ...

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