Housing’s factory-built future is taking shape

Nivo has launched an artificial intelligence (AI) assistant designed to help intermediated lenders manage cases from initial broker enquiry through to completion. The new service, called Lender Collect, is aimed at UK bridging, specialist property, commercial and asset finance lenders. It builds on the technology behind Nivo Collect, which is already used by more…

Hedge fund strategies that rely on complex algorithms and machine learning technology to build trades are beating the stock market this year. Trend-following hedge funds — also known as commodity trading advisors, or managed futures strategies — are computer-based funds that use quantitative programs, statistical models and price signals to crunch huge volumes of data…

American homeowners currently possess unprecedented levels of housing wealth, driven by substantial appreciation in home values throughout recent years. Nevertheless, they are utilizing only a modest portion of this accumulated wealth, according to a recent CNBC report. During the second quarter of the current year, homeowners collectively maintained $11.5 trillion in accessible home equity, as…

The exterior of the Baird Center convention center in Milwaukee, where a proposal for a convention center hotel hasn’t been enthusiastically received.Bloomberg News As convention center hotel projects multiply across the Midwest, some of them bond-financed and others still embryonic, issuers are taking different lessons from pitches by consultants. Processing Content Rockford, Illinois, is moving…

Ah, the honeymoon phase. Whether it’s in love or loans, it’s thought to be a period of bliss. Home loan honeymoon interest rates, often called introductory discount offers, can reduce the interest rate a new borrower realises at the start of their loan term. And we all love a saving, right? But before you dive…