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HomeBanc Mortgage

Provider of mortgage loans in the Southeast U.S.

Headquarters: 2002 Summit Blvd.
Atlanta, GA 30319
Employees: n/a
CEO: Kevin Race

Website: http://www.homebanc.com

Career Site

HomeBanc Corporation was a real estate investment trust which operates the subsidiary HomeBanc Mortgage, a mortgage banking company that focuses on originating purchase money residential mortgage loans in the Southeast United States.

HomeBanc shut its mortgage business in August after heavy losses from residential mortgages. It filed for Chapter 11 bankruptcy in August.

The company's stock is no longer traded.

HomeBanc Mortgage had 22 locations offering loans in Florida, Georgia, and North Carolina.

Homebanc was named one of the Best Companies to Work For in America by Fortune magazine.

History

1985 - Home Federal Savings & Loan becomes HomeBanc Federal Savings
1992 - Atlanta's #1 mortgage lender
1993 - Mortgage loan production: $500 million
1995 - HomeBanc acquired by First Tennessee.
1996 - Mortgage loan production: $1 billion. Associates: 275
1998 - Mortgage loan production: $2.6 billion
1999 - Ranked North Georgia's #1 mortgage lender.
2000 - HomeBanc Management leads $60 million buyout of company.
2000 - Customer Service Guarantee established.
2001 - Mortgage loan production: $4.1 billion. Associates: 699
2002 - Expanded operations to Jacksonville, FL and Charlotte, NC. Mortgage loan production: $5 billion. Associates: 854
2003 - Ranked #39 on Fortune's 100 Best Companies to Work for in America list. Mortgage loan production: $5.9 billion
Associates: 1180
2004 - HomeBanc goes public.
2005 - Ranked #20 on Fortune's 100 Best Companies to Work for in America list.
2006 - Ranked #14 on Fortune's 100 Best Companies to Work for in America list.

Benefits

- Comprehensive Paid Training and Continuing Education
- Medical/Dental Coverage/Mail-Away Prescription Plan
- 401K Matching and Profit Sharing
- Cash and Equity
- Paid Vacation/Federal Holidays
- 11 Additional Unique Corporate Holidays including Community Service Days
- Maternity/Paternity Leave
- Adoption Benefits
- Tuition Reimbursement Program
- Corporate Chaplains
- Corporate Massage Therapists
- Associate Emergency Fund
- Childcare Discounts
- Wellness Programs
- Armed Forces Benefits
- Online Expense Reimbursement
- Associate Discount Programs
- Associate Home Loan Program

Updated December 11, 2007