HSBC to pay $470 mln to resolve mortgage servicing probe by U.S. govt, states
February 05, 2016 at 11:30 AM EST
WASHINGTON, Feb 5 (Reuters) - HSBC Holdings Plc will pay $470 million to settle parallel U.S. federal and state civil charges alleging the bank's mortgage servicing arm engaged in abusive foreclosure and loan origination practices, the New York Attorney General's office said on Friday.
