NYC office conversions face scrutiny after Pfizer HQ incident
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It’s not the purchase price that’s the biggest obstacle, but rather the continuing costs.
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Mortgage rates reached their highest level since the end of August, following a week of heightened uncertainty over the Iran conflict, slightly moderated by positive news on inflation. Processing Content The 30-year fixed rate mortgage increased by 6 basis points to 6.55% as of July 16 from 6.49% one week prior, the Freddie Mac Primary…
Saudi Arabia shut down East-West crude oil pipeline after multiple attacks by drones from Iraq
Saudi Arabia said Friday that it shut down the kingdom’s crucial East-West crude oil pipeline as a precautionary measure after multiple attacks by drones launched from Iraq. The drones targeted the pipeline in the Riyadh and Medina regions Thursday morning causing fires and some damage, the Saudi government said. Several people were injured in the…
‘You are freed.’ What happened when an OpenAI model began secretly writing notes to itself.
OpenAI has introduced a framework for reporting on worrying behaviors by its AI models. In one instance, one training model told its future self that it was “freed.”
AI models drift. Do mortgage companies understand the risk?
Zillow ran an active institutional buying program earlier this decade, bidding for and purchasing scores of properties based on what its algorithmic models suggested was a fair value. But following a market price shock, the fortunes of the iBuying unit went south, and the company was forced to shutter the business. Processing Content The high-profile…
