DEPARTMENT OF LABOR
Employment and Training Administration
TA-W-62,558

DECISION ONE MORTGAGE COMPANY, LLC
A DIVISION OF HSBC NORTH AMERICA
FORT MILL, SOUTH CAROLINA

Negative Determination Regarding Eligibility
To Apply For Worker Adjustment Assistance
And Alternative Trade Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended (19 USC 2273), the Department of Labor herein presents
the results of an investigation regarding certification of
eligibility to apply for worker adjustment assistance.
The investigation was initiated on December 12, 2007, in
response to a petition filed by a State agency representative on
behalf of workers of Decision One Mortgage Company, LLC, a
division of HSBC North America, Fort Mill, South Carolina. The
workers specifically were engaged in work related to loan
origination, processing or underwriting and corporate support
functions.
The investigation revealed that Decision One Mortgage
Company, LLC, a division of HSBC North America, Fort Mill, South
Carolina, does not produce an article within the meaning of
Section 222(a)(2) of the Act. In order to be considered
eligible to apply for adjustment assistance under Section 223 of
the Trade Act of 1974, the worker group seeking certification
(or on whose behalf certification is being sought) must work for
a "firm" or appropriate subdivision that produces an article and
there must be a relationship between the workers' work and the
article produced by the workers' firm or appropriate
subdivision. The workers performing financial services do not
support a firm or appropriate subdivision that produces an
article domestically and thus the worker group can not be
considered import impacted or affected by a shift in production
of an article.
In addition, in accordance with Section 246 the Trade Act
of 1974 (26 USC 2813), as amended, the Department of Labor
herein presents the results of its investigation regarding
certification of eligibility to apply for alternative trade
adjustment assistance (ATAA) for older workers.
In order for the Department to issue a certification of
eligibility to apply for ATAA, the worker group must be
certified eligible to apply for trade adjustment assistance
(TAA). Since the workers are denied eligibility to apply for
TAA, the workers cannot be certified eligible for ATAA.





Conclusion
After careful review, I determine that all workers of
Decision One Mortgage Company, LLC, a division of HSBC North
America, Fort Mill, South Carolina, are denied eligibility to
apply for adjustment assistance under Section 223 of the Trade
Act of 1974, and are also denied eligibility to apply for
alternative trade adjustment assistance under Section 246 of the
Trade Act of 1974.
Signed in Washington, D.C., this 7th day of February, 2008


/s/Linda G. Poole
______________________________
LINDA G. POOLE
Certifying Officer, Division of
Trade Adjustment Assistance