HSBC Holdings Plc will pay $ 470 million to end U.S. probes into allegations of foreclosure abuses including robosigning that may have deprived struggling borrowers of opportunities to keep their homes. Federal and state officials said on Friday that the bank’s North American subsidiaries reached a settlement with the U.S. Justice Department, federal housing and consumer protection regulators and 49 states as well as the District of Columbia.

Foreclosure News

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