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HSBC is cutting back in the U.S. after its 2003 purchase of Household International Inc. required it to set aside more than $65 billion for bad loans

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Posts Tagged ‘ foreclosure ’

Some Option – Modify, Short Sale, Deed in Lieu

From K. in Holland, MI Thanks to everyone who has reported on this site in reading other peoples reports of problems with HFC it is comforting to know we are not alone. We too got stuck in a bad loan from HFC that we could not afford after my husband [...]

17 December
Posted in Foreclosure Issues
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This HSBC foreclosure story makes HSBC look shady, too many questions

Jeff in Ohio said: “Yes , My wife and I were both victims of HSBC and their unfair lies and being mis-informed on their lending. To start with, we were supposed to get extra money to build a garage because the county said we should have built one when the [...]

8 December
Posted in Foreclosure Issues
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HSBC offers no foreclosure or modification help

LP in Arizona said: “I have been trying to get a modification from HSBC since March. I ‘ve been told it’s in review a 1/2 dozen times. Then I was told by Cassandra that the payment would go into effect in October. My request is not even in review after [...]

16 November
Posted in Foreclosure Issues
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HSBC homeowner wants to be lead plaintiff in class action

SP in Illinois said: “I am fighting HSBC and Fremont right now in foreclosure. I have enough evidence to nail HSBC on more than a dozen violations and after browsing your website, I find that I am not alone. I will gladly be a lead plaintiff in a class action, [...]

16 November
Posted in Foreclosure Issues
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HSBC only does 6 month loan modifications

TT in California said: “Predatory mortgage lending rate 8.8%. HSBC will not do a permanent loan modification and only does short 6-month modifications so they wait for the market to come back, raise the rate again, and sell the home in foreclosure.” Editor’s Note: HSBC claims to have a 6-month [...]