article thumbnail

Why is Data Science Used by Big Business?

George Dell

These business segments include but are not limited to marketing, transportation, telephony, medicine, insurance, finance, entertainment and many others. Why are so many business segments utilizing Data Science in their business decisions? To find out […].

Business 195
article thumbnail

HUD affordability plan doesn’t include lowering FHA premiums

Housing Wire

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. Another area of focus for the administration is improving its financing for manufactured housing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mortgage rates fall as labor market normalizes

Housing Wire

From the Fed: In the week ended March 2, initial claims for unemployment insurance benefits were flat, at 217,000. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing. Jobless claims show an expanding economy that has not lost jobs yet.

Marketing 496
article thumbnail

Inflation cooled further in March, but shelter costs are still high

Housing Wire

Indexes that contributed to the annual increase were food (+8.5%), motor vehicle insurance (+15.0%), household furnishings and operations (+5.6%), recreation (+4.8%), and new vehicles (+6.1%). High inflation led the Fed to raise interest rates, leading to higher borrowing costs, including making it more expensive to finance a home purchase.

article thumbnail

Investors turn their eyes to affordable housing opportunities

Housing Wire

There’s a growing sense that affordable housing is a stable investment class for banks and insurance companies; even in the 2008 – 2009 recession, it held up well.”. Entering the fourth quarter of a chaotic year, consumers appeared to be managing their finances with common sense, as much as they could.

Investors 425
article thumbnail

FHA borrower fee gridlock draws ire of industry

Housing Wire

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. based consultancy Potomac Partners , which specializes in the mortgage finance industry. “To The FHA’s Mutual Mortgage Insurance fund, meanwhile, is in stellar shape.

Insurance 439
article thumbnail

Opinion: Fannie Mae’s title insurance pilot program overreaches

Housing Wire

Unfortunately, one of the proposals the President mentioned in the SOTU was to revive a previously discredited and shelved pilot program that would waive the requirement for lender’s title insurance on certain refinances by Fannie Mae. By law it is not an insurer nor is it capitalized or regulated to do this. million in claims.

Insurance 430