Tag Archives: hmda

FairPlay lands $4.5M seed round to help lenders combat racial bias

By | | Uncategorized
Comments Off on FairPlay lands $4.5M seed round to help lenders combat racial bias

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.” Continue reading →

Deep dive into mortgage data claims glaring racial disparities

By | | Uncategorized
Comments Off on Deep dive into mortgage data claims glaring racial disparities

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.” Continue reading →

Keep your eye on these top 10 purchase lenders this year

By | | Uncategorized
Comments Off on Keep your eye on these top 10 purchase lenders this year

Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Continue reading →

Here are the top 10 mortgage lenders for 2020

By | | Uncategorized
Comments Off on Here are the top 10 mortgage lenders for 2020

The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from the previous year. Continue reading →

Feds want looser data reporting regulations for smaller lenders

By | | Uncategorized
Comments Off on Feds want looser data reporting regulations for smaller lenders

Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Continue reading →