Improvements made by HSBC to its servicing operations over the last few years have led the Office of the Comptroller of the Currency to terminate the consent order against the bank originally issued in 2011.
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CFPB Penalizes Texas-Based Servicer for Blocking Borrowers’ Efforts to Stop Foreclosure
CFPB said the company put consumers in "loan modification purgatory," confusing them about the status of their loan mods and making it difficult to take appropriate action.
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