Relief A Long time In the Making

HSBC Must Pay $470M For Alleged Abusive Loan Practices

HSBC Must Pay $470M For Alleged Abusive Loan Practices

Thousands of homeowners who lost their homes or had their loans modified will receive a portion of a $470 million federal-state settlement with mortgage lender and servicer HSBC to settle allegations the bank engaged in origination, servicing, and foreclosure abuses.  [More]