Researcher warns of risks with using alternative data in lending. What does your SAT score mean for your ability to pay off a car loan? What does your Facebook feed say about your chances of landing a mortgage? And, what does your propensity for snacking
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The FINANCIAL — UK businesses have weathered the pandemic by raising finance from banks, financial markets and government schemes. Now, many have begun to repay their loans. Since March 2020, UK businesses have raised around £77 billion of net additional financing from
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The FINANCIAL — NIB and the Swedish municipality of Strängnäs have signed a 25-year framework loan agreement of SEK 280 million (EUR 27.16 million) to finance its investment programme for wastewater infrastructure improvements. The uncommitted credit facility has been provided for the
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The FINANCIAL — Monthly mortgage payments are becoming increasingly affordable for U.S. homeowners as mortgage rates have hit record lows, a new Zillow® analysis shows. But that masks the difficulties would-be buyers face in getting into homes in the first place after extraordinary price
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The FINANCIAL — Concerns were raised about Eastman Kodak’s corporate governance but no evidence was found of insider trading when its top executive and a board member bought shares before the stock surged on news of a possible $765m loan from the
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The FINANCIAL — The French Development Agency and the Ministry of Finance of Georgia signed a EUR 58 million loan to finance the reconstruction of water and sanitation utilities in Khashuri. The activities financed under the loan will be supplemented by a EUR
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The FINANCIAL — The population of Bakuriani, a city in the Borjomi municipality of Georgia, will benefit from improved public transport and services thanks to a €5 million loan provided by the European Bank for Reconstruction and Development (EBRD). The EBRD is a
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The FINANCIAL — Average 30-year mortgage lending rates for homebuyers with good credit have fallen from 4.46% in January of 2019 to 3.13% but rate is now back up around 3.65%. Mortgage rates are primed to fall again after the Federal Reserve’s
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