Ken Griffin - Real Estate Investor Pulse

Hedge fund titan Ken Griffin adds $90M St. Tropez estate to his global property portfolio

July 30, 2024 Allen Santos Comments Off

Ken Griffin, the billionaire hedge fund mogul with a taste for the world’s priciest homes, has just dropped more than $90 million on a lavish waterfront estate in St. Tropez, France. The property, sprawling […]

Inside Ken Griffin’s property and art empire: $1B Palm Beach spread is only the beginning

October 24, 2023 Allen Santos Comments Off

Ken Griffin has vaulted into the ranks of the super-rich with twin Wall Street fortunes. He oversees more than $60 billion in assets through his Citadel hedge fund and his Citadel Securities, which trades more […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]