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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 […]

Suprime loan given to prime borrower by HSBC

MR in Arizona said this informative copy of his long letter: September 13, 2008
Arizona Department of Financial Institutions and all in CC list.
2910 North 44th Street, Suite 310
Phoenix, Arizona 85018

RE: Loan number: (redacted) HFC-HSBC
• Predatory Lending Practices
• Misrepresentation of lending […]

HSBC called most corrupt lending organization of our time

JS in Oregon said: “I too have been a victem of HSBC’s unprofessional handling of my loan. They simply “lost” a loan payment and put a 30 day late on my credit which cost me a low rate conventional refinance. They corrected the problem too late for me to get a decent loan. I […]

HSBC offloads mortgages to Countrywide, Select Portfolio

SS in Maryland said: “2005 — Husband had heart attack in May, June I was in a bad car accident leaving me with spine damage, so we had to refi and didn’t really understand what was going on, this was with Decision One/HSBC. I was given a loan for $389,000.00 and $312,000.00 was […]

HSBC attitude about short sale clearly documented here

A friend in Virginia said this about attempting a short sale and his dealings with HSBC:
“Through job loss and a long period of serious illness that had a devastating impact on our finances, my wife and I found ourselves in a situation where we feared we would not be able to continue paying for our […]

A good reason not to trust HSBC collections

JS in West Virginia said: “I have a computer purchase that went to collection. HSBC called my work repeatedly even after i told them to stop. They even told my boss I must have him “trained” because he wouldnt let them speak to me. The calls stopped for about six months. They called […]

HSBC and workmans comp

MS in Utah said: “I have fallen at work, we were waiting for workmans comp and we fell a little behind. 5 days late HSBC charges me every late fee, every added interest, every thing they could do to charge me more money. When I ask them for help they said that […]

HSBC Hardship is a joke for Ohio mortgage

SS in Ohio said: “HSBC??? I will do my homework about them from now on. I will NEVER do any business with them or any of their affiliates ever again. We suffered a hardship and tried working with them to save our home and for the first few months we got nowhere because we […]