Case Result

$96M

Foreclosure

2013
Libertyville, IL

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Case Details

HSBC paid $96 million in cash compensation to over 110,000 American homeowners and $153 million in mortgage relief for unjustly foreclosing on homes due to improper practices like 'robo-signing'.

Additional Notes

The settlement also included $153 million in mortgage relief. Individual homeowners received compensation ranging from several hundreds of dollars to $125,000. This settlement was part of a larger deal with 12 other banks, totaling $9.3 billion.

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