WASHINGTON - Bank regulators issued new standards for subprime mortgage lending on Friday that includes several new consumer protections. Subprime borrowers should not be penalized for refinancing out of a mortgage before the interest rate resets to a higher level, according to a statement of principles issued by the regulators. The guidelines also […]
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Siddharth N. (Bobby) Mehta, Chief Executive Officer, HSBC North America Holdings Inc.
Bobby also holds the title of chairman and chief executive officer of HSBC Finance Corporation, one of the world’s largest banking and financial services organizations, which comprises the former Household International Inc., businesses. Bobby serves also as […]
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