HSBC-North America has announced that it will open a new facility in the Tampa Bay region of Florida in August to accommodate growth in the customer service and management functions supporting HSBC Mortgage Services.HSBC-North America said the company will expand its employment in the region by up to 250 by the end of the year and by 500 by the end of 2007. The company said it already employs 1,400 in the Tampa Bay area, of which more than 1,000 are employed by HSBC Mortgage Services. HSBC-North America, a unit of the London-based HSBC Group, can be found on the Web at http://www.hsbcusa.com.
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Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
10h ago -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
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A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2 -
The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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