Upstart co-founder and CEO David Girouard joins “Squawk Alley” ahead of the company’s IPO to discuss its business model. We are an AI lending platform, which means we apply AI to the problems of consumer lending. That means originating better loans because we can more accurately predict who’s more likely to default, says Girouard. That involves using all sorts of data so we can make a more informed decision, and one that can result in banks approving two to three times as many borrowers, he adds.
The Federal Reserve remains committed to providing financial help for those who are struggling amid the coronavirus crisis.
Vlad Doronin, Oko Group CEO, discusses Florida’s emigration surge and the resultant real estate boom with CNBC’s Morgan Brennan.
Danke, a Chinese residential rental company, has a debt-dependent business model that is showing signs of strain.
Jobless claims unexpectedly rose in the week ending Dec. 12 as the coronavirus pandemic continues to pressure the economy while lawmakers struggle to push through new government aid.
CNBC’s Diana Olick breaks down the latest housing starts and building permit data and what the numbers mean for the overall housing market.
Lindsey Peigza, economist at Stifel, joined “Squawk Box” on Thursday to discuss the unexpected rise in unemployment claims in the week ending Dec. 12.
While home-flipping activity overall dropped in the third quarter of this year, gross returns for flippers soared to the highest level in 20 years.
Diana Olick joins ‘Halftime’ to discuss updates on the U.S. house flipping report for third-quarter of 2020.
The architect to the stars designed nearly 2,000 homes in Southern California.