Here is another opinion about HSBC and Solstice Capital: “They had their best month when Kathy Madison came in and shut us down! Why shut it down when itis the future? Because itis not. NRE loans are the future. Along with less branches. Till HSBC can sell the business. It doesn’t make sense to shut down an FHA lending arm like Solstice when itis the future!
Archive for » January, 2009 «
A visitor said “Bene/HFC management is stringing employees along with the hope of FHA loans. But no one is talking about the big elephant in the room! HSBC shut down Solstice mortgage just 3 months ago. They had FHA and they had 2 central locations! They had their best month when Kathy Madison came in and shut us down! Why shut it down when it’s the future? Because it’s not. NRE loans are the future. Along with less branches. Till HSBC can sale the business. It doesn’t make sense to shut down an FHA lending arm like Solstice when it’s the future!”
Category: Jobs and Layoffs
Leave a Comment
Today we received a second confirmation of a post from yesterday. Specifically, I was not sure about “Another said: I heard 400 more offices by end of 2nd quarterfrom RGM and above level.” Today we were told this -
Category: Jobs and Layoffs
Leave a Comment
In response to some of our articles about HSBC late payment processing we received a reply from a reader. The following describes the entire process of mail delivery and sorting. This narrative is long, but also addresses mail fraud. If HSBC claims that your payment is a “late payment” and you know it was not, you can file complaints directly from our main menu. Here is the information in detail:
Category: General News
Leave a Comment
What follows is official overview and description of HSBC Finance. The final paragraph gives operating profit and loss. Factor the market conditions, loss of products, and the jobless rate, and perhaps you can predict a net loss for 2008.
Category: Subprime
Leave a Comment
