del 01Another big bank settlement will pay Delawareans

 

This is a .delawareonline.com article.

 

About 240 Delawareans could get payouts from mortgage firm HSBC and others could see their mortgages restructured because of a new multi-state settlement with the company connected to the 2007 mortgage crisis.

Attorney General Matt Denn announced Friday afternoon that the state is one of 49 states, the District of Columbia and federal agencies to settle with the bank over abuses in originating, servicing and foreclosing on mortgages.

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