Can AI Be Programmed to Make Fair Lending Decisions?

Can AI Be Programmed to Make Fair Lending Decisions?

As lenders dabble with artificial intelligence in credit decisions, debate has stirred around whether AI and even more traditional decision-making
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Will Mortgage Bonds Be the Next Disaster—Again?

For some investors, any mention of US mortgages takes them back to the dark days of 2008. But today's mortgage bonds aren't the devils some market
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The Good Old Days Return for ​Housing Prices

Specifically, housing prices continue to strengthen, and have now risen nearly 40% from the lows of 2012; this is very good news for homeowners.
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Swiss bank UBS report says Vancouver real estate market tops housing bubble risk

The rise in Vancouver's average housing prices compared with the growth in average wages, rents and other economic factors make it the most likely
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Desert housing market: Sales, prices up in August

Home sales and prices in the Coachella Valley ticked up year over year in August, according to data from real estate research firm CoreLogic
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How the Federal Reserve and Congress Have Failed the Banking System

The smaller banks of America, those whose asset size is less than $250 billion, have not been doing well since the financial collapse that came in
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Housing Market Catches a Second Wind

Despite sitting at a considerably lower rate than at this time last year, demand for housing appears to be on its way up, according to data released by
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Online Lending Startup LendUp Will Pay Millions In Penalties

The online lending startup LendUp will pay compensation to its customers and a penalty to a federal regulator, which said the company “hid the true
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Rogers gets into real estate with massive condo project

Now it will serve as the site of the first project for Rogers Real Estate Development Limited. To call this an ambitious start would be an understatement.
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Coldwell Banker hosts Luxury Real Estate Event

It was a wonderful day in San Diego, especially for discussing the latest real estate trends sweeping the luxury market. On Sept. 14, Coldwell Banker
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WFG National Title moves to Camelback Corridor

A prime location in the heart of the Camelback Corridor attracted WFG National Title Insurance Company (WFG) to a new lease at 2777 E. Camelback
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MRC closes on $52M mortgage deal for East Village development

Madison Realty Capital (MRC) has provided a $52 million first mortgage loan for the acquisition of a development site in the East Village and
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Georgia offers mortgage assistance to homeowners

VALDOSTA, GA (WALB) –. A new program is helping folks in Georgia who are behind on their mortgages. Starting September 28, The Georgia
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Real Estate, This Patent Troll Win is for You

It's common today for real estate brokerages to have systems in place for sending email alerts whenever there's new or updated listings that customers
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Mortgage lender opens new Franklin office, will help 'heroes' buy homes

So a mortgage company opening a new office in Franklin on Tuesday is partnering with the national program, “Homes for Heroes.” Homestar Financial
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Ex-Morgan Stanley Trader Is Latest Caught in Mortgage-Bond Probe

Nicholas Michael Bonacci, a former mortgage-bond trader at Morgan Stanley, was fined by the Securities and Exchange Commission and barred from
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Mortgage refinancing still attractive with current interest rates

Mortgage rates remained at their near-standstill this week after a so-so employment report. And home values in many areas are consistently
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European Banking Stocks Declining on Tuesday

European Banking stocks are declining today as the companies work to reduce cost and Deutsche Bank (DB) is pressured by the DOJ.
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Return of the shared-equity mortgage

Industry superannuation fund-owned bank ME is working with one of its super fund partners to develop a shared equity mortgage and is working
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First-time homebuyers, here's a primer on mortgage options

There are many different loans on the market. Contact at least three different mortgage lenders, columnist Benny Kass advises, and ask them to give
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