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Former HSBC mortgage borrowers to begin receiving settlements | Latest News

Former HSBC mortgage borrowers to begin receiving settlements

RICHMOND, Va. – More than 2,100 Virginians who had their mortgages serviced by HSBC Mortgage and lost their homes to foreclosure between 2008 and 2012 will begin receiving settlement checks soon. The checks, for approximately $1,200, will be distributed ... read more

HSBC mortgage borrowers in Virginia to get settlement checks totaling $2.5 million

Former HSBC mortgage borrowers who were harmed by the loan servicing and foreclosure practices of the banking giant will receive settlement payments of about $1,200, according to Attorney General Mark R. Herring’s office. The first checks from the ... read more

Home Capital withdrawals continue but at slower rate

Home Capital relies on deposits from savers to fund its lending to borrowers ... of former Chief Executive Martin Reid. The lender said on Tuesday that an unnamed buyer intends to purchase up to C$1.5 billion ($1.1 billion) worth of its mortgages. read more

Reminder to Eligible HSBC borrowers

BOISE – Attorney General Lawrence Wasden reminds former HSBC customers that they may receive payments of at least ... HSBC is making payments to eligible borrowers as part of the National HSBC Settlement. In September, settlement administrator Rust ... read more

HSBC to pay $600m for shoddy US mortgage practices

Separately, the Federal Reserve announced it had fined HSBC $131 million, the maximum allowable by law, for “deficiencies in residential mortgage loan servicing and foreclosure processing.” Under the settlement ... states to help borrowers who lost ... read more

Former HSBC mortgage borrowers to begin receiving settlement payments

Attorney General Mark R. Herring announced today that more than 2,100 Virginia borrowers who were harmed by the mortgage servicing and foreclosure practices of HSBC will begin receiving checks of approximately $1,200. Eligible borrowers included those ... read more

HSBC mortgage borrowers in Virginia to get settlement checks totaling $2.5 million

Former HSBC mortgage borrowers who were harmed by the loan servicing and foreclosure practices of the banking giant will receive settlement payments of about $1,200, according to Attorney General Mark... [Read More] read more

HSBC : mortgage borrowers in Virginia to get settlement checks totaling $2.5 million

Former HSBC mortgage borrowers who were harmed by the loan servicing and foreclosure practices of the banking giant will receive settlement payments of about $1,200, according to Attorney General Mark R. Herring's office. The first checks from the ... read more

HSBC mortgage borrowers in Virginia to get settlement checks totaling $2.5 million

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