Latest Technology

Social Secret –How Fannie and Freddie requiring mortgage lenders use its credit scoring algorithm leads to a disproportionately high number of Black applicants being rejected (The Markup)

How Fannie and Freddie requiring mortgage lenders use its credit scoring algorithm leads to a disproportionately high number of Black applicants being rejected (The Markup)


The Markup:

How Fannie and Freddie requiring mortgage lenders use its credit scoring algorithm leads to a disproportionately high number of Black applicants being rejected  —  These two people applied for loans in Chicago, Ill., in 2019.  —  They both earned $350K-$400K  —  and their debt level was healthy.

Comment here