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Tag Archives: Foreclosures

N.Y. attorney general sues HSBC over foreclosures

ALBANY, N.Y. — New York’s attorney general is suing HSBC Bank USA and HSBC Mortgage Corp., claiming they’re failing to set timely foreclosure settlement conferences required by state law. The law says mortgage lenders who sue to foreclose on residential ...

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Realities of Real Estate: Long view on short sales: Experience counts (access required)

In last week’s column, we talked about short sales and foreclosures, or together what’s commonly referred to as distressed sales. Although the volume of these transactions is thankfully declining, they still represent a significant number of home sales. During 2012, more than half of all the properties sold in Prince George’s County were either a foreclosure or short sale; in Baltimore city, it was one in three.

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