HSBC Mortgage Services and foreclosures

DR in Iowa asks this question that many others asked over the years: “Household Watch, will you please help me understand something? Why is HSBC Mortgage Services not being forced by our government, banking commissions, courts, or regulators to work with homeowners to keep their homes? I have had it up to my eyeballs with …

HSBC cautioned in New Zealand

The New Zealand Commerce Commission has warned state-owned lender Kiwibank and HSBC over the fees they charge customers for repaying mortgages early. The regulator completed an investigation into the fees after “a range of complaints from bank customers” following sharp declines in interest rates in late 2008 and early 2009. Kiwibank and HSBC were warned …