Relevant:
- Local real-estate lawyers say HomeBanc checks bouncing
- HomeBanc shares fall on revised first-quarter outlook
- NYSE to Suspend HomeBanc Corp Moves to Remove from the List
- HomeBanc Corp. Announces Intention to Exit the Mortgage Loan Origination Business
- Countrywide To Buy Certain Mortgage Assets Of HomeBanc
2007-08-11 — yahoo.com
It gets worse: "the Chapter 11 filing won't stop other pending litigation filed recently against HomeBanc. Local real estate law firm Neel & Robinson LLC has sued in Fulton County Superior Court, alleging HomeBanc bounced checks totaling $1.7 million for real estate closing costs, beginning in late July. That suit was filed on Aug. 8, one day after HomeBanc announced it was suspending mortgage operations."
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