Information

HSBC

The Hongkong and Shanghai Banking Corporation Limited

Members: 197
Latest Activity: Apr 28

HSBC Short Sale Information

 

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Link for Short Sale Package info

***NOTE: a number of our members state HSBC will only pay ***5%***. If anyone has information to the contrary, contact group founders.


Loan Mod Dept.
Tel. 877-415-4327

BK Dept
866.824.0824, ext 46372 (closes 4p Eastern, Florida)

Short Sale Dept  (4pm, central time)
800.348.4712, opt 2

Fax: 888.629.8590

Fax Authorization:  866-860-8826 (generic authorization acceptable)

Special Number for accounts that were sent to outside agencies, call 1-800-756-1604 then press option 2 for agency accounts

HSBC only requires preliminary HUD, contract and either Letter of Authorization or Listing Agreement to begin the short sale process.

Discussion Forum

HSBC LOAN SOLD WHILE WAITING FOR APPROVAL EXTENSION

Started by Terri Wise Jul 13, 2016. 0 Replies

I have a short sale that we were just waiting for an approval extension that was sold to Caliber. The extension was already approved. Does this mean that we have to start all over? It has been a week…Continue

HSBC commissions

Started by Deb Orth May 29, 2016. 0 Replies

What commission, if any, will HSBC pay to buyer's agent who is also the buyer through his LLC?Continue

HSBC - Need a higher level contact ASAP

Started by Liz Harris, MBA. Last reply by Mike Aubele Apr 21, 2014. 3 Replies

Would anyone happen to have a contact at HSBC?  Home needs $40k in work but the BPO came in at full price... foreclosure date is approaching rapidly.Continue

HSBC is 2nd Lien and wants astronomical payoff

Started by Juan Reyes. Last reply by TOP END Properties Mar 14, 2014. 2 Replies

Does anyone have an escalation contact at HSBC.I have a deal where the 1st lien has approved the short sale and is giving HSBC $1,500. The balance owed to HSBC is $38K and the person I spoke to…Continue

Comment Wall

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Comment by John Occhi on December 3, 2009 at 4:48pm
I just got a listing last night - both 1st & 2nd with HSBC - both cash out.

We called today to find out where to submit package, etc...and they said they are going to go ahead an order an Interior BPO...even without an offer.

Is this bazaar or what?
Comment by Kynse L. Agles CDPE on November 11, 2009 at 6:58am
I personally have a home that has HSBC as the 2nd. Just submitted the package on Monday, I will let you know how it goes! Wells Fargo is the first so we are good to go there.
Comment by Wendy Rulnick on November 11, 2009 at 6:28am
Thanks for the info, Larry!
Comment by Larry Story on November 10, 2009 at 5:32pm
Did one with HSBC as 2nd lien holder. They signed off for 10% total release.
 

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