The Secret Bias Hidden in Mortgage-Approval Algorithms
beSpacific 2021-08-25
Summary:
The MarkUp: “Nationally, loan applicants of color were 40%–80% more likely to be denied than their White counterparts In certain metro areas, the disparity was greater than 250%… An investigation by The Markup has found that lenders in 2019 were more likely to deny home loans to people of color than to White people with […]