ATLANTA - HomeBanc Mortgage Corp. has been sold by its parent company, Irving, Tex.-based First Horizon Home Loans, a division of Memphis-based First Tennessee National Corp.Management and GTCR Golder Rauner LLC, a Chicago-based private equity firm, bought HomeBanc back from First Horizon for more than $60 million. HomeBanc originated $2.8 billion in loans last year and says it expects that to rise to $3 billion this year.

Pat Flood, chairman, president, and chief executive officer of HomeBanc, said HomeBanc and First Horizon differed over First Horizon's desire to unify its subsidiaries under its name.

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