Federal Housing Administration

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|