What Does “Stopping Foreclosures” Really Mean?

When HSBC said it had stopped “processing foreclosures” and “suspended foreclosures” in its 2010 annual report, that language seemed pretty straightforward. But, Abigail Field reports, it turns out that “suspended” doesn’t mean exactly what those of us speaking plain English understand it to mean.  The Daily Finance story calls out two HSBC foreclosure cases currently wending their way through the …