S in New York said: “I have had my mortgage with HSBC since 2006. They purchased the note from a smaller bank 30 days after closing. Since I bought this house, many things have changed. I divorced my husband, the primary breadwinner and lost my job in late 2008. I had been granted a modification once before and after my job loss, I requested another break from HSBC.

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J in Minnesota said: “In 2004 we made the mistake of switching our mortgage to HSBC. Since then they have put me into foreclosure, sicked two attorney firms on me, and forced me into chapter 13 bankruptcy. Now that that is done and I have all my receipts from HSBC receiving and yet not applying the funds to the account til one was 19 days later, the rest are pretty much 13-17 days later.

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CB in Ohio said: “HFC has me stuck in a high interest first mortgage with the value of the loan being way more than the value of the home due to inflated appraisal’s. I also carry an extremely high interest equity line of credit.

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K in Ohio said: “I too am having trouble. I was laid of from my job and paying an adjustable rate is impossible. My adjustable rate went up 4 times in the past 3 years. I could afford the payments before I was laid off but not now. I get less than half my weekly wages on unemployment. I tell everyone I know not to go to HSBC. They hate their customers and want to help them loose their homes. Well I guess we’ll all have to get used to living in our cars.”

VB in New York said: “I have read the comments on trying to get a modification. The exact reply was given to me. I received a 6 month defer and will again be
raised. I was also told HSBC does not participate with the stimulus plan. My husband asked if the interest rates went down, why do you increase our mortgage?

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