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HSBC Pays $32M To Settle Mortgage-Servicing Violations

By Dorothy Atkins (January 9, 2017, 7:47 PM EST) -- HSBC Bank USA NA has agreed to pay a $32.5 million civil penalty after the Office of the Comptroller of the Currency found it failed to correct mortgage servicing violations the agency first identified in the wake of the housing crisis in 2011, according to court documents filed Friday....

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