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Beneficial and HSBC convert to FHA loans?

Sky in Kentucky said: “A few weeks ago we received a letter from Beneficial saying they now had new financing options that could lower our payment and/or interest rate. So last week we made an appointment and went to our local Beneficial office to see what it was all about. The man we spoke […]

Section 6 of RESPA help and the $99 HSBC late fee

SK in Kentucky said: “Here is a copy of our 5th and most recent letter we sent last week to Beneficial/HSBC. We got the wording from another watchdog site and the HUD website:

Dear Beneficial/HSBC;
This is a “Qualified Written Request” under Section 6 of the Real Estate Settlement Procedures Act (RESPA). We are writing to […]

Insider briefs readers on HSBC’s HFC and Beneficial

This is from another former employee requesting anonymity:
“Having recently left the company on my own accord, you could say that I still very much have my finger on the pulse of the daily operations of the scam machine HFC/Beneficial. Shortly before I left the upper management team approved the use of a new sales tactic […]

Best Buy laptop maintenance is questionable at best

Ad in Kentucky says: “On the 31 I had decided to take my laptop in under my 3 year in store warranty as it had a manufacturing material defect in the plastic and had started to crack and break in 3 areas; the top latch above the monitor had cracked and no longer functioned […]

HFC and Beneficial Bait and Switch and How HSBC Makes It Work

JF in Pennsylvania sent this report, which we publish in both of our blogs: “How household Financial gets their mortgage customers and makes money? As you probably already know HFC/Beneficial send out live checks in the mail to thousands across the USA monthly. These range from anywhere from 5k, 7k, 10k. They are at […]