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Evergrande Suspends Trading In All Bonds

Evergrande Suspends Trading In All Bonds

BY Tyler Durden | ZeroHedge Earlier today we pointed out that in what can (obviously) only be a remarkable coincidence, China’s largest, and most systematically important real estate developer, China Evergrande (and its $300+ billion in debt), collapsed on the 13th anniversary of Lehman’s bankruptcy filing, when Beijing told Evergrande’s creditor banks that the insolvent company, which […]

California Has 85.5% Mortgage Loan Approval Rate, Above Average

California Has 85.5% Mortgage Loan Approval Rate, Above Average

Pent-up demand from the pandemic, low interest rates, and a shortage of properties have created a booming housing market with near record levels of refinance activity. While typical home values have increased by 15% from a year ago, the housing market is expected to stay hot in many cities through the end of the year […]

First-Time Home Buyers: Start Here

First-Time Home Buyers: Start Here

GET A MORTGAGE RATE NOW POPULAR TOPICS LOAN TYPES 2017 LOAN LIMITS  FHA STREAMLINE REFINANCE First-Time Home Buyers: Start Here So, you’re buying a house. Or, at least, you’re thinking about buying a house. That’s excellent news. Homeownership is a terrific way to create stability in your life, and to start building wealth for your […]

Los Angeles resident arrested for allegedly defrauding victim in refi scheme

Los Angeles resident arrested for allegedly defrauding victim in refi scheme

The victim sought refinancing assistance from a Burbank business called Planet Investment Group. She was directed to the defendant, who was an employee. Over time, the defendant instructed the victim to deposit varying amounts of money into bank account numbers provided by the defendant, purportedly to assist with her refinancing effort. The investigation revealed the […]