HSBC Took $77M In Payments From Insurers, Suit Says
By Sindhu Sundar ( March 12, 2012, 11:03 PM EDT) -- A proposed class of homeowners on Monday accused HSBC USA Inc. and an affiliated reinsurer of collecting at least $77 million through a scheme with private mortgage insurers to refer customers in exchange for a cut of those customers' reinsurance premium payments with the insurers....
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