Household HSBC Watch

“We want to welcome the expansion of HSBC Mortgage Services and are pleased by the new job opportunities for our community’s citizens that will result,” said Jim Norman, chairman of the Hillsborough County Board of Commissioners. “It is our corporate partners like this firm, coupled with our economic development efforts, that keep our economy strong.” HSBC - North America comprises all of HSBC’s U. S. and Canadian businesses, including those of the former Household International. Even Florida Governor Jeb Bush welcomed HSBC.

Did they forget this fact: “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.” Good job Jim Norman!