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Banks reduce credit lines to H&R Block mortgage unit (Reuters)
NEW YORK (Reuters) - H&R Block Inc the largest U.S. tax preparer, said on Wednesday bank lines at its Option One Mortgage Corp lending unit were terminated or reduced, as the subprime mortgage company reduces it lending volume.

Banks reduce credit lines to H&R Block mortgage unit (Reuters)
NEW YORK (Reuters) - H&R Block Inc , the largest U.S. tax preparer, said on Wednesday that several bank lines that helped its mortgage lending unit to temporarily finance loans were dramatically reduced.

Bear Stearns to cut 310 mortgage jobs (Reuters)
NEW YORK (Reuters) - Bear Stearns Cos said on Wednesday it was cutting 310 jobs in its mortgage lending business, making the Wall Street bank the latest to lay off staff as a result of the lingering subprime mortgage crisis.

Congress calls for "mortgage czar" (Reuters)
WASHINGTON/LONDON (Reuters) - Lawmakers called on Wednesday for a 'mortgage czar' to help cope with an expected wave of foreclosures from the U.S. housing slump but Alan Greenspan said the credit crunch was past the worst.

Bear Stearns cutting 310 mortgage jobs (Reuters)
NEW YORK (Reuters) - Bear Stearns Cos said on Wednesday it was cutting 310 jobs in its mortgage origination businesses, as part of a reorganization of its mortgage operations.

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