Georgia, Texas Banks Shut as Foreclosures Rise; Toll Reaches 25

Georgia, Texas Banks Shut as Foreclosures Rise; Toll Reaches 25

By Margaret Chadbourn and Alison Vekshin Dec. 13 (Bloomberg) -- Georgia and Texas banks with $544 million in deposits were shut by state regulators, raising the failure toll to 25 for this year, as mortgage delinquencies and home foreclosures climb in Learn more here just click .