General World News

Is there racial bias baked into GSE underwriting?

A recent syndicated article on racial bias from The Markup on racial bias, published by ABC news, AP,  Market Watch and more, has drawn a great deal of attention from trade groups, policy makers and housing advocates with support from some and attacks from others.

The story, “The secret bias hidden in mortgage-approval algorithms,” included statements from fair housing activists who concluded that there is “systemic racism” in the mortgage process. But the same story got pushback from the MBA and the ABA, as well as the CHLA, arguing that the data was selective and produced a biased conclusion.

The details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com