* NY says HSBC ignored law designed to protect homeowners * Bank declines to comment NEW YORK, June 4 (Reuters) - The state of New York plans to sue HSBC Holdings Plc for ignoring a law designed to protect struggling homeowners from being thrown into foreclosure without getting a chance to renegotiate their mortgages. The lawsuit being filed by state Attorney General Eric Schneiderman in Buffalo, New York, accuses HSBC of ignoring a state law that requires lenders to make a "request for judicial intervention" when they began a foreclosure action. That process requires a settlement conference to be held within 60 days to allow homeowners to negotiate an alternative to foreclosure. "Companies...
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