Department of Housing and Urban Development

British-Based HSBC Bank to Settle Allegations of Unlawful Foreclosure Practices

The HSBC Bank, based in England, has agreed to settle allegations of unlawful foreclosure fees for $10 million. It is not uncommon for lenders to outsource their foreclosure work to law firms and outside attorneys, particularly over the past several years when foreclosures hit an all-time high. However, lenders working with loans backed [...]

By | 2018-03-27T08:37:28+00:00 July 10th, 2014|Mortgage Fraud|

Property Management Firm to Settle Allegations of Defrauding the U.S. Department of Housing

The U.S. Department of Housing and Urban Development is responsible for administering the Section 8 low-income housing program. Unfortunately, a recent case revealed fraud, bribery, and counterfeit against this organization, resulting in a $640,000 settlement. Image source: Wikimedia Commons The False Claims Act applies to virtually any intentional submission of a false claim [...]

By | 2018-03-27T09:09:46+00:00 March 10th, 2014|False Claims Act Legal News|