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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

Richmond Times-Dispatch

... 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 the Office of read more

Phil Murphy just unveiled a plan to make Wall St. clean up N.J. home foreclosures

New Jersey leads the nation in defaulted mortgages ... start of the year 2010 and the end of 2016, according to CoreLogic, a realty data firm. Murphy's plan calls for tapping the Department of Justice's Residential Mortgage-Backed Securities (RMBS ... read more

Legal News; CFPB Reform Update; Fannie, Freddie, Conforming Lender Changes

Former ... to Reshape US Mortgage Markets" from Moody's Investors Service. As a reminder, the Fannie Mae March activity reporting cycle is open with March Loan Activity Reports (LARs) due by March 22, regardless of whether you received borrower payment. read more

How your wallet will suffer if this consumer agency is gutted

Most every American who has a credit card or mortgage ... struggling borrowers into costly repayment plans and misallocated their money. Navient has denied the claims. Lack of information is often the starting point for defrauding former students. read more

Vartanian for Fed vice chair?

MM Hears that Stuart Levey, chief legal officer at HSBC and a former top Treasury official ... SERVICES — Patrick Temple-West on the SEC's plans for the two-day trade settlement rule — and to get Morning Money every day before 6 a.m. — please ... 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
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