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Beneficial and HSBC hardship program questioned

Is the Beneficial Finance mortgage late fee really $99 a month? Please look at this quote: “…[HSBC] had no interest in helping us whatsoever. We also had several mean and harassing phone calls from Beneficial at home and at work until we finally got the mortgage caught-up with our tax refund. We […]

Mortgage industry reform bill adds money for enforcement

A proposed mortgage industry reform bill has been hotly debated, but one point is perfectly clear. The bill would add funds for enforcement. As lenders and brokers saw a fortune to be made in mortgage lending, enforcement staffing at the state level barely increased since 2003. The problem of funding and staffing […]