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HSBC to Pay $290M in Mortgage-Abuse Settlement

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  • Description

    FBN’s Sandra Smith on HSBC’s mortgage-abuse settlement.

  • Duration 0:58
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Smith with your Fox Business -- -- HSBC will pay 249.

Million dollars in the settlement with the Federal Reserve.

And -- Office of the Comptroller of the Currency over foreclosure abuses stemming from the so called robo signing scandal.

The Transportation Security Administration -- confirming that it's pulling the plug on the airport scanners that leave nothing to the imagination starting in June.

The TSA will stop using the scanners manufactured by a rapid -- Privacy rights activists had -- scanners constitute a virtual strip search.

The TSA plans to continue using a scanner that is considered less -- -- and and unemployment rates fell in 22 states in December as slow hiring and shows some improvement in labor markets.

There are 25 states where rates are below 7%.

Nevada and Rhode Island are tied for the highest unemployment rates at ten point 2%.

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