Charlotte, N.C., Lawyer Pleads Guilty to Mortgage Fraud - 2004-03-04
Charlotte lawyer Leon Orr Jr. pleaded guilty Wednesday to four felony counts in connection with bank and mortgage fraud scams that cheated lenders out of between $1 million and $2.5 million.

Orr told U.S. Magistrate Judge Carl Horn that he has closed his law practice and will surrender his law license.
Read the full story at Miami Herald

H&R BLOCK'S KEEPING MORTGAGE CASH COW CLOSE TO HOME - 2004-03-04
The company is in a better position if its stock stays low, at least for the time being. It's heresy, of course, for a company to admit that.

The problem is that H&R Block has a subsidiary called Option One Mortgage, which caters to people who might not be able to get a mortgage at a regular bank.

That business throws off a lot of extra cash, $400 million to $500 million a year by the company's own estimate.
Read the full story at New York Post