In Georgia business news, HomeBanc Corp. has filed for Chapter 11 bankruptcy.
The embattled Atlanta-based mortgage lender stopped taking new loan applications earlier this week and announced plans to sell some operations.
The company blames rapidly deteriorating mortgage loan and real estate markets.
The embattled Atlanta-based mortgage lender stopped taking new loan applications earlier this week and announced plans to sell some operations.
The company blames rapidly deteriorating mortgage loan and real estate markets.