Mortgage Application Activity Up by Nearly 3%

Mortgage Application Activity Up by Nearly 3%

Mortgage applications took an upswing for the week ending Feb. 13, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from one...

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Kennedy Wilson is Acquired in $1.6 Billion Deal

Kennedy Wilson is Acquired in $1.6 Billion Deal

The real estate investment firm Kennedy Wilson Holdings Inc. (NYSE:KW) announced it is being acquired by a consortium led by its CEO William McMorrow and the Toronto-headquartered Fairfax Financial Holdings Limited (TSX: FFH, FFH.U) in an all-cash transaction of...

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NEWS & CURRENT EVENTS

Chinese Company Forced to Divest Land Near Utah Military Bases

Chinese Company Forced to Divest Land Near Utah Military Bases

A Chinese company with ties to the Chinese Communist Party was forced to sell land it owned near two military installations in Utah. The Epoch Times reports Mitime Utah Investment LLC received a letter from the state last November ordering it divest the property, a...

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