Fairway’s Christine Jensen on reverse mortgage reform
Key Points The executive acquired 54,760 shares at $17.98 per share, representing a capital commitment of approximately ~$985,000. The transaction involved shares equal to 22% of the stake the executive held before the filing. The shares are held directly, bringing the total direct equity position to 300,088 shares. The purchase was executed as the stock…
Shanghai-based business employs close to 100 people. Credit: Dariusz Gryczka/ Shutterstock.com. Fidelity International (FIL) is assessing a withdrawal from its wholly owned fund business in China, reported Reuters. The Bermuda-based firm, which oversees $1.18tn in client assets worldwide, is considering a full exit from the onshore unit around three years after it began operations, according to…
Max Estates’ ultra-luxury mixed-use project Max One in Noida has achieved a sale value of ₹37,000 per sq ft, excluding GST, making it the highest sale value recorded in Noida, according to the company’s management. The project, located in Sector 16B, spans around 10 acres and has a development potential of approximately…
ModaMortgages has reduced its limited-edition five-year fixed buy-to-let (BTL) rates by up to 0.1%. The rates on the products, which have no application or valuation fees, now start from 5.04% for single dwelling properties and 5.14% for houses in multiple occupation (HMOs) and multi-unit freehold block (MUFB) properties with up to six bedrooms or…
TikTok’s work-from-home era is scrolling to an end. The ByteDance-owned social media platform has instructed its U.S. employees to return to the office five days a week, sources told Business Insider. SEE ALSO: Greenberg Traurig Hires Brian Helweil as Shareholder in Global Real Estate Practice The change impacts the company’s hybrid employees that are currently allowed…
Key economic reports due this week are expected to add further evidence that the US economy is strengthening, bolstering arguments from several Federal Reserve officials that interest rates should be higher. Processing Content Expectations for a rate hike as soon as October have climbed, after recent data showed retail sales jumped in August and business…