Skip to content
Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» A $470 Million Settlement for HSBC; Bank Continues to Pay for the Sins of Household Finance
Looking to read the full article? Register for free access to IMFnews content today!
A $470 Million Settlement for HSBC; Bank Continues to Pay for the Sins of Household Finance
February 8, 2016
Brandon Ivey
During the subprime boom, HSBC owned Household Finance, a once-top ranked subprime lender and servicer that was later cited for lending and servicing violations.
News
IMFnews
Inside Mortgage Finance
Inside Nonconforming Markets
Inside the CFPB
Originations
Servicing
Latest Imf News
SPS Top Non-Agency MBS Servicer in 2Q
reAlpha Narrows Losses After Staff Cuts
Pennymac Offers New Loss-Mit Option Ahead of Deadline
Beeline Losses Narrow as Company Repositions Product Mix
More Imf News
Featured Data
FHA Loss-Mitigation Removals Spike in 2Q
Prime Non-Agency MBS Issuance Drops in 2Q
Agency MBS Issuance Sags in July as Refi Market Fades
Rocket, Chase Give Up Some Servicing Share in 2Q
More Featured Data
Featured Reports
2026 Mortgage Market Statistical Annual (PDF)
IMF HMDA Dashboard: 2025
Guide to Mortgage Lending to First-Time Homebuyers
Mortgage Servicing Rights Report: 1Q26 (PDF)
More Latest Reports
Featured Poll
As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?
We’re already in on the action!
Yes, it’s a great opportunity.
No, it’s out of our wheelhouse.
View Results