JS in Maryland said: “The saga ends with the Financial Regulation Office finding HSBC did not violate any laws. The big guys won. Does that surprize anyone? Foreclosure is on January 9th, and there is no way HSBC will get come out even or ahead. If they sell the house and get […]
PG in Florida said: “I am a disabled Veteran, and HFC has been sucking our blood for so long that I can not bleed anymore. Like the rest of honest folks out there, you work to the bones and aquired the American dreams so the greedy banks can squander billions and give us grief. […]
JS in Maryland sent another update. Perhaps we can all learn from this: “The saga continues.
Laquicha from the HFC/ Beneficial Finance Customer Resolution Center called this morning about noon, or a little after, to offer us three options.
1) Payment reduced to $1,733.51 with 0% interest for the remainder of the loan (185 months). […]
MW in Florida said: “I recently divorced my husband and as part of the agreement I am keeping the home. He had let it go in foreclosure and I paid that to get it out of foreclosure. I have worked very hard to keep up with bills. I contacted HSBC re. the second mortgage. […]
JS in Maryland said: “Here is another page from the Continuing Saga dealing with HSBC and the Foreclosure.
Update / Editor’s correction dated 15 December 2008: I never once said or indicated that Federal regulator says HSBC delays are factor in foreclosure. If anything the Financial Regulators office helped postpone foreclosure.
Last time I […]
KC in Kansas said: “4 years ago my husband lost his job and we fell 2 months behind in our mortgage. HSBC then began foreclosure proceedings. We filed a Chapter 13 to stop the foreclosure. We have never been late on payments since and we received our completion papers on Nov.12, 2008. On […]
KB in North Carolina sent this opinion: “I am currently at 14% interest rate and voluntarily cancelled my chapter 13. The payments where too high to deal with. My home is a modular home under 1700sq ft and my payments are $1700+. I attempted for a modification and HSBC rejected it, claiming I […]
MJ in Pennsylvania said: “HSBC, just say no. I’ve had nothing but problems with my mortgage through HSBC/Beneficial from day one. I was forced to file bankruptcy in August 2003 because not one person offered me a hardship when I laid off from work. My problem was not credit card debt but the […]
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