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Cobb, DeKalb, Fulton sue HSBC over predatory lending

Cobb, DeKalb, Fulton sue HSBC over predatory lending

ATLANTA -- Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC engaged in predatory lending that ended up costing them hundreds of millions of dollars.

Cobb, DeKalb and Fulton counties say the bank aggressively signed minorities to housing loans that were likely to fail. The counties say it caused tremendous damage, including extra expenses and lost tax revenue.

The lawsuit says the banks violated the Fair Housing Act, which provides protections against housing or renting policies or practices that discriminate on the basis of race, color, national origin, religion, sex, family status or handicap.

A lawyer for HSBC said he couldn't comment on the lawsuit, which was filed in October. A federal judge has given the bank until Jan. 25 to file a response.

Leff’s Atlanta Media launches 'News from the PR Dept.'

Leff’s Atlanta Media launches 'News from the PR Dept.'

Seven Years and Thousands of Updates Later, Leff’s Atlanta Media (www.LeffsAtlantaMedia.com) Continues to Track and Report on Atlanta’s Diverse Media Community

It’s been seven years since Atlanta public relations executive Mitch Leff launched Atlanta’s most comprehensive database of local media, Leff’s Atlanta Media (www.leffsatlantamedia.com), and the site continues to grow.  This month, the site will add a new section, “News from the PR Dept.,” tracking news items of interest to media and public relations professionals.

The new feature will appear on the Leff’s Atlanta Media blog and in the site’s monthly “Mitch’s Media Musings” newsletter and will include:

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com, the digital platform for career women, hosted its 8th Annual Fall Empowerment Event on November 13. More than 300 professional women attended the luncheon event, at the Atlanta History Center, along with more than 550 unique viewers joining via live stream. Some viewers planned gatherings of 50 or more women and leveraged the event to enhance their own business and networking meetings in cities across the globe.

The executives on the panel candidly answered questions related to their career paths to the C-Suite. Glenda Umaña, anchor at CNN en Español, was the event’s moderator. Read LittlePINKBook.com’s “Top 10 Takeaways” for favorite thoughts shared by the three panelists:

·        Teri List-Stoll, SVP and Treasurer, Procter & Gamble

Small Business Administration offers drought aid

Small Business Administration offers drought aid

ATLANTA -- The U.S. Small Business Administration announced Monday that it will accept applications for loan assistance for Georgia enterprises in 12 counties affected by the drought.

The aid program targets farm-related and other entities not covered by aid from the Department of Agriculture.

The eligible counties are Banks, Barrow, Cherokee, Dawson, Forsyth, Fulton, Gwinnett, Habersham, Hall, Jackson, Lumpkin and White.

The loans are intended to cover fixed costs such as payroll and scheduled debt payments. They are capped at $2 million with terms up to 30 years. Interest rates are 3 percent for non-profits and 4 percent for small businesses. The SBA determines the amounts and specific terms.

More information for potential applicants is available by calling 800-659-2955 or going online to sba.gov.

The application deadline is Apr. 22, 2013.

Atlanta Home Prices Rising

ATLANTA - Things are brighter for the economy. Real estate prices in Atlanta are increasing and that's cause for hope. It was a perfect day for an open house on Sunday when we caught up with local real estate agent Ann Morris at her Inman Park listing.

"I think people are wanting to move back into town,"she said.

Intown market research by Adams Realtors shows some inner city neighborhoods are seeing price increases.

Home prices in Cabbagetown and Edgewood have increased 8 percent over a year ago and midtown prices are up 4 percent.

"I have seen some prices going up," Devon Johnson told us as he was touring another open house in Inman Park.

He's also seen inventory going down which explains some of the new home construction going on down the street on North Highland Avenue where 57 new townhouses are being built along the belt line.

Two block away 18 new townhomes have been built, all but two are sold.

Christina Byrnes of tvsdesign Earns Local Recognition

tvsdesign employee Christina Byrnes, AIA, LEED AP has two impressive accomplishments to add to her growing resume: in addition to graduating from from the Urban Land Institute’s (ULI) Center for Leadership program, Byrnes was also accepted to the LEAD Atlanta program, an initiative of Leadership Atlanta. These two activities not only represent Byrnes’ commitment to the practice of architecture and her dedication to city of Atlanta, but also reflect the commitment of tvsdesign to the development of its next generation of leaders.

Fulton County Workforce Investment Board to Elect Officers during June 21 Quarterly Meeting

Fulton County Workforce Investment Board to Elect Officers during June 21 Quarterly Meeting

The Fulton County Workforce Preparation and Employment System –Workforce Investment Act Board (FCWPES-WIA) will meet Thursday, June 21, 2012, beginning at 9:30 A.M.  The meeting will be held in Seminar Room 205, Sections A & B of the Cleveland L. Dennard Conference Center at Atlanta Technical College located at 1560 Metropolitan Parkway SW in Atlanta, GA 30310.  The Board will elect officers for the program year, which begins July 1, 2012

The FCWPES-WIA Board oversees activities related to providing an environment that supports a skilled and trained workforce and to creating innovative programs that serve the changing needs of employers and the business community.