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Jun
30
Real estate market threatening Georgia banks (Atlanta Journal-Constitution)
Filed Under Real Estate Info
Georgia’s banks have built up the nation’s heaviest concentration of loans to now-struggling home builders and real estate developers. That is putting several banks in the state — and perhaps significantly more if economic conditions deteriorate — at greater risk of failing or being pushed into takeovers by healthier banks, some people in the industry say. Nearly $1 out of every $5 on Georgia …
Source:Real estate market threatening Georgia banks (Atlanta Journal-Constitution)
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