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Tag: applications

Mortgage Rates Hit Record Lows but Applications Fell Flat

The volume of mortgage
applications dipped slightly last week. The Mortgage Bankers Association (MBA)
said its Market Composite Index, a measure of that volume, was down 0.7 percent
on a seasonally adjusted basis during the week ended October 9 and was 1
percent lower on an unadjusted basis.

The Refinance
Index slipped 0.3 percent
from the previous week and was 44 percent higher than
the same week one year ago. The refinance share of mortgage activity increased
to 65.6 percent of total applications from 65.4 percent the previous week.

The seasonally
adjusted Purchase Index decreased 2 percent from one week earlier and 1 percent
unadjusted. The Index was 24 percent higher than the same week one year ago,
continuing a string of year-over-year gains that started during the week ended
May 22.

 

Refi Index vs 30yr Fixed

 

Purchase Index vs 30yr Fixed

 

 

“Mortgage
applications for refinances and home purchases both

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Kansas replacing contractor handling Medicaid applications

Kansas is replacing a private contractor that inspired years of complaints about backlogs and other problems in its handling of applications for the state’s Medicaid health coverage for the needy.

The state Department of Health and Environment in August signed a six-year contract worth nearly $135 million with New Jersey-based company Conduent to handle Medicaid applications starting next year, The Kansas City Star reports. Conduent will replace Maximus, based in the Washington, D.C., area.

Former Republican Gov. Sam Brownback’s administration hired Maximus in 2016, hoping to make processing Medicaid applications more efficient and less costly. The company instead received poor marks for its processing and customer-service call center. Democratic Gov. Laura Kelly last year announced plans to hire 300 new state workers to take over the most complicated applications.

Maximus referred calls about the decision to the state health department.

Conduent has had its own troubles, including a

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Green Homes Grant Applications Now Open

Applications for the government’s Green Homes Grant, available to homeowners in England, can be made from today (30 September 2020) via the dedicated website.

Crucially, the work must be completed by 31 March 2021.

Tradespeople can also use the site to register their interest in undertaking work generated by uptake of the grant.

The government has also announced plans to upgrade the energy efficiency of privately-rented homes by 2028, and £50 million will be spent to improve the energy efficiency of social housing in England.

Here’s a summary of how the scheme works and how you might benefit, along with details of measures for those living in Scotland, Wales and Northern Ireland.

Government goes for green

In July, chancellor Rishi Sunak used his summer economic statement to unveil £3 billion of support to fund a ‘green recovery’ following the economic downturn triggered by coronavirus.

He said £1.5 billion

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Oracle rolls out improvements across SaaS applications

Oracle on Tuesday announced the latest updates to a series of cloud applications, including Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), Supply Chain Managment (SCM), Human Capital Management (HCM) and its Customer Data Platform (CDP). The updates come as enterprises rethink their longer-term business strategies, months into the COVID-19 pandemic. 

Part of Oracle’s message is “the importance of cloud as an enabler to come out of this and recapture the next decade of growth,” said Juergen Lindner, Oracle’s SVP of product marketing for cloud ERP and supply chain applications. “Now is not the time to slow down, quite the contrary — it’s time to double down and hopefully come out at the better end of this as a stronger company.”

Particularly within the category of ERP, which grew 33 percent year-over-year in Oracle’s last reported quarter, “customers feel the same way,” Lindner said. “They want to invest right now.” 

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