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HSBC Finance Corp. Profile
Last Updated August 30, 2018 1:29 PM Central

Household is History
HSBC North America is throwing in the towel on its U.S. consumer finance operations -- impacting more than 5,000 employees. The company began the massive dismantling of its U.S. empire in 2007.

Company Name:

HSBC Finance Corp.


HSBC Holdings plc (U.K.)

Stock Symbol:


Headquarters Address:

2700 Sanders Road
Prospect Heights, IL

Number of Employees:


Related Companies:

HSBC Mortgage Corp.


Solstice Capital

Web sites:

HSBC Finance

HSBC North America Holdings Inc.

HSBC Holdings plc


Chairman of the Board:

President: Seamus McMahon

CEO John J. McKenna

Residential Production:

2004: $31.3 billion

Commercial Mortgage Originations:

112 loans for $2.929 billion 2016

129 loans for $4.290 billion 2014

Mortgage Holdings

Servicing Portfolio 3rd-Party (HSBC Mortgage Corp.):

$36.6 billion as of March 31, 2012

Servicing Portfolio (HSBC Mortgage Corp.):

$52.1 billion as of March 31, 2012

402,000 loans for $63.3 billion as of March 31, 2010

Mortgage Portfolio:

$15.5 billion as of March 31, 2012

$29.0 billion as of Sept. 30, 2008

Commercial Mortgage Servicing Portfolio:

$13.699 billion / 449 loans as of June 30, 2018 (as reported by MBA)

$14.607 billion as of Dec. 31, 2015 (as reported by MBA)

$14.143 billion / 897 loans as of Jun. 30, 2013

$10.020 billion / 1,087 loans as of Jun. 30, 2012

$25.1 billion / 2,018 loans as of Dec. 31, 2010

$13.7 billion / 2,029 loans as of Dec. 31, 2009

HSBC Headlines

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