Messy MBSs? Startup makes use of deep studying to foretell mortgage-backed securities markets – www.waterstechnology.com

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While the globe bakes in record high temperatures, there’s one thing cooling down: the US housing market, where inflation and rising interest rates have led to a distinctly chillier climate.
In November, housing price data provider Zillow predicted write-downs of more than half a billion dollars on mortgage-backed securities (MBSs) it issued as a result of winding down its Zillow Offers house-flipping business, which overpaid for homes it expected to resell for a profit, at the same time that
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This week, Tony and Shen talk about how firms approach cloud migration projects.
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