Some Americans who've enrolled in an Obamacare exchange plan with a government subsidy could find themselves on the hook to Uncle Sam next spring.» Read More
Senator Chris Dodd, who is considering legislation to protect consumers against predatory lenders, told CNBC that two positives have emerged from the subprime meltdown, including better oversight over the beleaguered sector.
H&R Block posted a third-quarter loss, after conducting a review of its Option One Mortage Corp. unit, which makes subprime loans.
Nearly a fifth of consumers with bad credit who borrowed money to buy a house in the past two years will default on their mortgages and lose their homes, an industry survey projects.
Stocks skidded Friday after a key survey showed manufacturing unexpectedly contracted in November,stoking concerns about a weakening economy.
H&R Block , the largest U.S. tax preparer, on Thursday said its quarterly loss nearly doubled, hurt by weakness in its mortgage operations.