I am not familar with HSBC. Gang, anyone?
HSBC has no original notes and the Courts down here (to their credit) are balking
We've also found that none of the mortgage modifications (the few that were done) were ever filed with the county clerk (for the lender to avoid paying the taxes and fees after adjusting the rate, term and amount) and the whole thing is just a mess
I really have no sympathy for these bankers
For the amounts the taxpayer ponied up for TARP they could have paid off every mortgage in the country and then some .... instead they gave our cash to banks who bought up these notes from distressed banks for pennies on the dollar and are trying to windfall through forclosure without the original notes
It's not pretty
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