Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t…
Posts published in “Center for Responsible Lending”
The New York-based startup helps lenders discover bias in algorithms and take a second look at rejected applicants using “cutting edge AI fairness techniques.” Source:…
Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments. Source: Inman News
In a move that could pose challenges for lenders that employ AI and algorithms to evaluate borrowers, federal housing officials are moving to rescind policies…
A proposed rule change is meant to give local officials more flexibility, but critics condemned the proposal as an attempt to “gut” fair housing efforts. …
The Trump administration Thursday released a long-awaited plan to overhaul the way the government helps homeowners. Separate guidance from HUD and the United States Department…