abusive mortgage practices

HSBC Agrees to Pay $470 Million to Settle Mortgage Abuse Allegations

The settlement reflects a continuation of enforcement actions to hold financial institutions accountable for abusive mortgage practices By Jeff Sorg, OnlineEd Blog (February 5, 2016) – The Justice Department, the Department of Housing and Urban Development (HUD) and the Consumer Financial Protection Bureau, along with 49 state attorneys general and the District of Columbia’s attorney general, have