HSBC Holdings PLC says it is suspending foreclosures in the U.S. after a government review of the lender's procedures revealed problems with the way it handled some home repossessions.
The London-based bank's foreclosure moratorium came to light in its annual report Tuesday.
HSBC says U.S. government officials determined there were certain deficiencies in the way the lender prepared affidavits and other foreclosure-related documents.
The lender says it will resume foreclosure actions once it has substantially addressed the problems.
HSBC says it expects heightened scrutiny over foreclosure documents to increase, which could result in additional delays in the foreclosure process once the lender ends its moratorium.
Foreclosure document errors and heightened government oversight over the process prompted several major lenders to temporarily freeze foreclosures last fall.
Keywords clouds text link http://alonhatro.com/
|aviatorsgame.com ban nhạc||confirmationbiased.com|
|mariankihogo.com ốp lưng||Giường ngủ triệu gia Ku bet ku casino|
mặt nạ mặt nạ ngủ Mặt nạ môi mặt nạ bùn mặt nạ kem mặt nạ bột mặt nạ tẩy tế bào chết mặt nạ đất sét mặt nạ giấy mặt nạ dưỡng mặt nạ đắp mặt mặt nạ trị mụn
mặt nạ tế bào gốc mặt nạ trị nám tem chống giả
© 2020 US News. All Rights Reserved.