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HSBC Suspends All Foreclosures

Posted by 15789465 on

HSBC has suspended all US foreclosures due to widespread problems discovered by federal regulators.

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  • Banks have had a slow realization that more trained human resources are needed to handle the tidal wave of foreclosures. Bank of America has had to greatly augment its loss mitigation department over the past year.

    Denise correctly predicted two years ago that eventually the nation would get to debt forgiveness. That is the current DC regime “flavor of the month” policy announcement.

    Robert Taylor on

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