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:…
Posts published in “hmda”
Mortgage lenders are more likely to turn down homebuyers of color than white applicants with similar attributes, and algorithms are likely to blame, according to…
Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Source:…
The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from…
Only one state in the U.S. was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according…
Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Source: Inman News