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: Inman News
FairPlay lands $4.5M seed round to help lenders combat racial bias
More from AIMore posts in AI »
More from algorithmMore posts in algorithm »
- New video explores potential for AI bias in mortgage lending
- Twitter’s open source code is the final nail in the (marketing) coffin
- How YouTube’s algorithm can make or break your real estate business
- Property management startup Home365 launches in Las Vegas
- Does property activity online boost your listing’s exposure?
More from Center for Responsible LendingMore posts in Center for Responsible Lending »
- Why super long mortgages won’t be a thing, and why that’s good news
- Lenders granted some leeway to initiate foreclosures
- Lenders who rely on AI, algorithms could face new legal risks
- HUD unveils fair housing proposal, draws condemnation from housing advocates
- Trump admin proposes massive overhaul of FHA, Freddie and Fannie
More from discriminatory lendingMore posts in discriminatory lending »
More from disparate impactMore posts in disparate impact »
- Nationwide appraisal ethics rule changes postponed until 2024
- ‘Modern-day redlining:’ Wells Fargo faces scrutiny over Black refi stats
- DOJ deals blow to appraiser named in Black couple’s fair housing suit
- Deep dive into mortgage data claims glaring racial disparities
- Court grants stay in lawsuit over Trump-era fair housing rule
More from fair lendingMore posts in fair lending »
- LoanDepot settles high-profile appraisal bias lawsuit filed in 2022
- FNB of Pennsylvania to pay $13.5M to settle redlining allegations
- Patriot Bank denies DOJ redlining allegations, settles for $1.9M
- Navy Federal faces lawsuits over discriminatory lending allegations
- Project to tackle appraisal bias continues with Nov. 1 hearing
More from hmdaMore posts in hmda »
More from hudMore posts in hud »
More from Kareem SalehMore posts in Kareem Saleh »
More from MortgageMore posts in Mortgage »
- Industry gets some clarity on mortgage commission rules
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Instead of cutting rates, what if the Federal Reserve raises them?
- Canada easing mortgage terms for first-time new homebuyers
- Billionaires brawl as everyone else just tries to get by: The Download
More from RegulationsMore posts in Regulations »
- Industry gets some clarity on mortgage commission rules
- UWM CEO Mat Ishbia claims Rocket Mortgage behind attacks
- Nation’s largest mortgage lender shorted by Park Avenue hedge fund
- LoanDepot settles high-profile appraisal bias lawsuit filed in 2022
- Congress grants National Flood Insurance Program a reprieve
More from TechnologyMore posts in Technology »
- Weeklong BoomTown outage was caused by hackers, CEO confirms
- Nimble powers up prospecting with PhoneBurner
- Reliance helps South Dakota’s oldest brokerage embrace the new
- Big Tech loses its appetite for office space, adding to landlord woes
- Agents feel the pain as BoomTown outage extends into another week
Be First to Comment