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 in-depth analysis by The Markup, a nonprofit newsroom that’s “watching big tech.”
Source: Inman News
Deep dive into mortgage data claims glaring racial disparities
Published in CFPB, DHI Mortgage Company, discrimination, disparate impact, fair housing, fair lending, fairway independent mortgage corp, fannie mae, fha, FHFA, freddie mac, Freedom Mortgage Corporation, hmda, Lennar Mortgage, Marcia Fudge, Mortgage, Movement Mortgage Corporation, Pulte Mortgage, Technology, usda and va
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