Even if they can't get out of the Chapter 11, this is still a good buy. I like our chances. Just don't go looking too far north. Don't be afraid to pull the trigger.
Rebelgirl, Every one of the management in Homebanc that helped create this real estate bubble resigned late last year because they saw the writing on the wall. They were replaced by new management to take the fall for them. It's the same story over and over and over again.