Messy MBSs? Startup uses deep learning to predict mortgage-backed securities markets

While the globe bakes in record 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 writedowns of more than half a trillion dollars on mortgage-backed securities 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 the housing

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