Florida Governor Jeb Bush said “With the addition of HSBC we can now claim the best non-depository financial services firms in the industry, and we welcome the HSBC announcement as a strong sign of support for Florida’s business climate.”
HSBC - North America comprises all of HSBC’s U. S. and Canadian businesses, including those of the former Household International. Florida began investigating Household International, after Madie Bell Wilson, 89, was evicted from her Miami home. She had taken out a $27,000 home-equity loan, thinking it was a home repair grant that did not have to be paid back. The case piqued Florida officials’ interests and helped lead to the $484 million multi-state predatory lending settlement.
Others who forgot Madie Wilson include Sam Ellison, chair of the Greater Tampa Chamber of Commerce and managing director of The Beck Group, Jim Norman, chairman of the Hillsborough County Board of Commissioners, and J.C. Faulkner, group executive of HSBC Mortgage Services.
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