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The secret bias hidden in mortgage-approval algorithms

Lenders were 80% more likely to reject Black applicants than similar white applicants. These are national rates.

United statesNew yorkSouth carolinaLori wildrickFreddie macScott olsonPeter maselliKatie penoteChi wuBlair bernsteinLos angelesDavid stevensMarie mcdanielsKevin steinGeorge washingtonMeaghan lynch

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United statesSouth carolinaFreddie macLori wildrickDavid sanchezLos angelesEskias mcdanielAracely panameNational community stabilizationDepartment of housingConsumer financial protection bureauCommunity home lenders associationCredit union national associationDepartment of veterans affairsHousing administrationFannie mae

The secret bias hidden in mortgage-approval algorithms | iNFOnews | Thompson-Okanagan s News Source

The secret bias hidden in mortgage-approval algorithms | iNFOnews | Thompson-Okanagan s News Source
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United statesNorth carolinaSouth carolinaFreddie macLori wildrickFreddie macfannie maeLauren kirchnerEskias mcdanielNell redmondLos angelesDavid sanchezMarie mcdanielsAracely panameNational community stabilizationDepartment of housingAssociated press

The secret bias hidden in mortgage-approval algorithms

The secret bias hidden in mortgage-approval algorithms
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United statesSouth carolinaFreddie macLori wildrickDavid sanchezEskias mcdanielAracely panameNational community stabilizationDepartment of housingAssociated pressConsumer financial protection bureauCommunity home lenders associationCredit union national associationDepartment of veterans affairsHousing administrationFannie mae

The secret bias hidden in mortgage-approval algorithms | The China Post, Taiwan

The secret bias hidden in mortgage-approval algorithms | The China Post, Taiwan
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United statesNew yorkNorth carolinaSouth carolinaLori wildrickFreddie macScott olsonPeter maselliKatie penoteChi wuBlair bernsteinDavid stevensLos angelesMarie mcdanielsKevin steinGeorge washington