Promotion of Paul Saurbier to SVP, and the addition of Shawn O’Brien as VP of Sales further expands the footprint of the Philadelphia-based mortgage lender.
Read More »AmeriSave Names Leif Boyd Chief Production Officer of Retail
New head of the company’s Retail Division brings two decades worth of experience to the role.
Read More »Equity Prime Mortgage Adds Julian Sado to Its Executive Team
Joining EPM as EVP of Leadership and Development, 20-plus year industry veteran will work to enhance the firm’s culture and cultivate leaders.
Read More »Gauging Mortgage Performance
Click through to learn what an OCC report on mortgage performance data of some of the largest banks in the U.S. revealed about the state of mortgage loans.
Read More »HSBC Announces Group CEO Successor
On Thursday, HSBC Holdings announced that John Flint, Chief Executive of Retail Banking and Wealth Management, is set to succeed Stuart Gulliver as Executive Director and Group Chief ...
Read More »HSBC Agrees to Pay $470 Million to Settle Mortgage Abuse Allegations
The Department of Justice announced Friday that HSBC Bank reached a settlement with several federal agencies and almost every state attorney general regarding "mortgage origination, servicing, and foreclosure abuses."
Read More »Bank Asks Appellate Court to Revive 2012 Mortgage-Backed Securities Suit
HSBC Bank has asked the Court of Appeals in White Plains, New York, to consider reviving a 2012 lawsuit against Deutsche Bank Structured Products Inc. The 2012 claim alleged that Deutsche misrepresented the quality of residential mortgages it sold to investors in 2006.
Read More »HSBC, FHFA Reach $550M RMBS Settlement
HSBC Holdings is the latest institution to make good with the Federal Housing Finance Agency (FHFA) after the firm's North American arm agreed Friday to pay hundreds of millions to settle claims revolving around faulty mortgage-backed securities (MBS) sold to Fannie Mae and Freddie Mac in the years before the crash.
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