Loan Modification

HSBC Finance, Santander Consumer In Agreement On HSBC'S Us Auto Business
METTAWA, Ill. -- HSBC Finance Corporation has announced its auto finance entities have reached an agreement with Santander Consumer USA Inc. (SC USA) to sell HSBC US auto loan servicing operations as well as US $1 billion in auto loan receivables for US $904 million in cash, and enter into a loan servicing agreement for the remainder of its US auto loan portfolio, which is in liquidation...

HSBC Mortgage Corp. slashes jobs in Depew
"HSBC Mortgage Corp. (USA) is slashing 80 jobs at its Depew headquarters and operations facility in a cost-cutting move. The primary mortgage unit of HSBC Bank USA and HSBC North America Holdings said it is "eliminating a small number of mortgage loan operations roles to enhance operational efficiency," according to an e-mailed statement...

HSBC Faces Round Two of Subprime Punishment
When the subprime-mortgage crisis hit in the U.S., global banking giant HSBC Holdings PLC was among the first to get clobbered. Now it could be headed for round two. Through its subsidiary, HSBC Finance Corp...

Insights into the HSBC offshoring to Malaysia of branch support
Richard Hennity, a senior lawyer from HSBC, spoke at the Legal Week Corporate Counsel Forum last week. HSBC, with 850 lawyers and 1350 legal staff, has for three years run a six-lawyer offshore program in Malaysia (See my post of...

HSBC Japans general counsel on secondment, strap line, GCs new to company and panels
The general counsel of HSBC Japan features in a profile in Asian-Counsel, e-edition March 2009 at 38. Michael Hancock, while practicing at Lovells and before joining HSBC, took a six-month secondment with Standard Chartered Bank...

From West to East: HSBCs Geoghegan on China
Apr. 29 – Michael Geoghegan, the group chief executive of HSBC has relocated from London to Hong Kong to oversee the bank’s expansion into mainland China. As many readers will know, HSBC stands for the ?Hong Kong and Shanghai Banking Corporation? and its first operations were established in both cities way back in 1865...

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

The Mortgage Forgiveness Debt Relief Act
Phantom Income Relief on Debt Cancellation

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Fire Company Duel
Township settles $150,000 fire service lawsuit.

Fire Accidents
alleging fire related accidents can lead to personal injury and property damage.

San Bruno Fire
alleging San Bruno gas explosion fire caused personal injury, death and damage.

Bankrupt Money Manager
Former officers to pay $10.7 million settlement in fraud lawsuit.

Wells Fargo Faces Loan Discrimination Class Action
Wells Fargo Faces Loan Discrimination Class Action

Aurora Loan Faces Class Action over Mortgage Review Services
Aurora Loan Faces Class Action over Mortgage Review Services