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Unique Bitcoin-backed home loan refinancing deal in California


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One of Southern California s largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan.
The company stated that this is the first time a refinancing has been completed using Bitcoin as collateral. In the July 28 announcement it added that it has previously facilitated a number of real estate transactions that used BTC as the form of payment.
Glen Oaks Escrow, which started accepting Bitcoin payments in 2018, views the transaction as proof that Bitcoin’s value proposition is becoming clearer to debtors and creditors. Company Chief Operating Officer Joe Curtis commented:
“Seeing a lender use cryptocurrency for a refinance shows us that this payment method is continuing to grow in how it s used and who it s used by.” ....

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Pango Group Announces Relaunch of New Escrow Company, Escrow Trust Advisors


Pango Group Announces Relaunch of New Escrow Company, Escrow Trust Advisors
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GLENDALE, Calif., Feb. 2, 2021 /PRNewswire/ Pango Group, a family of companies that, together, are the leading California-based settlement service experts, announced the relaunch of a new independent escrow brand - Escrow Trust Advisors - based in Glendale, California.
Over the decades, Pango Group has consistently looked for new areas to expand its services into, helping to live out its mission of running exceptional real estate service businesses that enhance the lives of the people, partners, and communities they serve.
(PRNewsfoto/Pango Group) ....

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