C & G Financial - Wholesale Jumbo
Readers have written in today to inform us that C & G Financial (cgfinancial.com) has suspended funding loans. Sure enough, in the past couple hours the following notice has appeared on the C & G website:
Note 9/11/07 9:15 P.M. EST: We have learned that C & G has changed their website again, removing the notice that we copied above and replacing it with information regarding various loan products they are selling. We do not know what this implies, if anything, with regards to the earlier message they had published.
We are still trying to fill in the following holes regarding C & G Financial's operations:
In the interest of relevance, we have gone ahead and posted this listing with the limited information we have. If you can fill in any of the blanks, please let us know.
Comments: Be the first to add a comment
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.