More REO woe for GreenBank
By Geert De Lombaerde Posted on August 20, 2009 at 6:33 amGreen Bankshares has acquired a 675-home high-end development near Chattanooga in a forelcosure sale. GreenBank, which has struggled mightily with bad loans this year, had financed the project.
Tags: banking, Chattanooga, distressed assets, foreclosures, Green Bankshares Inc., residential real estate
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