First Charter Clarifies

First Charter Corp. of Charlotte said Monday that despite reports to the contrary, it is not a creditor of HomeBanc Corp., the Atlanta mortgage lender that filed for bankruptcy Thursday.

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In a filing Monday with the Securities and Exchange Commission, the $4.9 billion-asset First Charter said that though it holds a portfolio of loans originated and serviced by HomeBanc, it has no loans outstanding to the mortgage lender.

The filing was in response to recent media reports, which erroneously listed First Charter as a HomeBanc creditor.


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