Continuing to cherry-pick mortgage companies in markets around the country, First Tennessee National Corp. bought the loan origination services of Atlanta's HomeBanc Mortgage Corp. for about $7 million.

HomeBanc is the largest mortgage lender in Atlanta, with $600 million of loans last year. But since that amounts to only 5% of Atlanta's highly competitive market, the acquisition of what is basically a marketing organization is a minor investment for First Tennessee, which has $10.9 billion of assets.

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