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anarchyagogo:

The Electronic Frontier Foundation examined the policies of major Internet companies — including ISPs, email providers, cloud storage providers, location-based services, blogging platforms, and social networking sites — to assess whether they publicly commit to standing with users when the government seeks access to user data. The purpose of this report is to incentivize companies to be transparent about how data flows to the government and encourage them to take a stand for user privacy whenever it is possible to do so.

will always reblog

Posted in eff privacy data customer service consumer protection government | 1,008 notes
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Ironically, prosecutors tried to turn Mr. Auernheier’s upbeat and sarcastic Reddit comments against him at the sentencing hearing the next day. They pushed for 4 years — nearly the maximum sentence. The judge instead sentenced him to a slightly shorter 41 months sentence, to be followed by 3 years of supervised release, during which time his electronic behavior will be monitored. (via DailyTech - Goatse Security iPad Hacker Gets 41 Months for “Doing Arithmetic”)

Ironically, prosecutors tried to turn Mr. Auernheier’s upbeat and sarcastic Reddit comments against him at the sentencing hearing the next day. They pushed for 4 years — nearly the maximum sentence. The judge instead sentenced him to a slightly shorter 41 months sentence, to be followed by 3 years of supervised release, during which time his electronic behavior will be monitored. (via DailyTech - Goatse Security iPad Hacker Gets 41 Months for “Doing Arithmetic”)

Posted in andrew auernheimer security it computer data hacking sentencing usa incarceration prison
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Canada Mortgage and Housing Corporation defended its methodology of evaluating properties on Thursday, after a newspaper report questioned whether the practice has led to artificially inflated home prices. “CMHC looks at the specific characteristics of the property in question,” the federal agency said in a statement Thursday. (via CMHC defends automated home price evaluation system - Business - CBC News) “CMHC has the most comprehensive database in Canada, including property information on approximately eight million properties.” On Thursday, the Globe and Mail newspaper published a report which quoted unnamed mortgage industry insiders warning regulators about the CMHC’s methodology for calculating how much a home is worth — and consequently how much debt someone wishing to buy it should be offered. At issue is a system known as Emili. Described by the CMHC as “a groundbreaking on-line mortgage loan insurance [decision-making] system,” Emili is essentially a database of properties that uses different factors as way of determining what a house is worth.  Someone wanting to buy a $400,000 property might be approved because other units in the same postal code, with similar square footage, went for that much. But the property in question might not actually be worth that on the open market. So perhaps the borrower shouldn’t be approved to borrow that much to buy it.

Canada Mortgage and Housing Corporation defended its methodology of evaluating properties on Thursday, after a newspaper report questioned whether the practice has led to artificially inflated home prices. “CMHC looks at the specific characteristics of the property in question,” the federal agency said in a statement Thursday. (via CMHC defends automated home price evaluation system - Business - CBC News)

  • “CMHC has the most comprehensive database in Canada, including property information on approximately eight million properties.”
  • On Thursday, the Globe and Mail newspaper published a report which quoted unnamed mortgage industry insiders warning regulators about the CMHC’s methodology for calculating how much a home is worth — and consequently how much debt someone wishing to buy it should be offered.
  • At issue is a system known as Emili. Described by the CMHC as “a groundbreaking on-line mortgage loan insurance [decision-making] system,” Emili is essentially a database of properties that uses different factors as way of determining what a house is worth. 
  • Someone wanting to buy a $400,000 property might be approved because other units in the same postal code, with similar square footage, went for that much. But the property in question might not actually be worth that on the open market. So perhaps the borrower shouldn’t be approved to borrow that much to buy it.
Posted in cmhc canada mortgage value emili toronto data home bubble valuation | 2 notes