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Real Estate & Property Law

: The Home Equity Theft Reporter

HSBC Suspends All U.S. Foreclosures After Regulators Note Use Of Crappy Paperwork In Processing Legal Actions

By r morris

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Bloomberg reports:HSBC Holdings Plc, Europe?s biggest bank, has suspended U.S. foreclosures following a joint examination by the Federal Reserve and the Office of the Comptroller of the Currency. The regulators issued letters noting ?certain deficiencies? in the processing, preparation and signing of affidavits and ?other documents supporting foreclosures? at HSBC Finance Corp. and HSBC Bank USA,

Full post as published by The Home Equity Theft Reporter on March 03, 2011 (boomark / email).

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