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HSBC Sues Estate Agent For Inflated Property Valuations

By Najiyya Budaly ( January 29, 2021, 4:49 PM GMT) -- HSBC has sued estate agent Savills for negligently valuing a £15 million ($21 million) London property that was being used as loan collateral at approximately £50 million, saying the inflated estimate encouraged it to make risky lending decisions....

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