The Risks and Management of Algorithmic Bias in Fair Lending

The Risks and Management of Algorithmic Bias in Fair Lending

The use of alternative data for lending continues to grow. And Congress, regulatory agencies, community organizations and civil rights advocates will
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No sign of new cabinet as Lebanese leaders meet, bank curbs continue

Banks reopened on Friday after a two-week closure but customers have encountered restrictions on transfers out of the country and withdrawals of
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Sachem Capital Corp. Announces Closing of Public Offering of $30.0 Million of 6.875% Notes

Sachem may also use the net proceeds to acquire other real estate finance companies or existing mortgage loan portfolios, although no such
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EXCLUSIVE-Freddie Mac hires McKinsey to review capital as government overhaul begins

Housing finance giant Freddie Mac has hired management consultants McKinsey & Company to advise the firm on capital management ahead of a
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Parts of America see huge home equity gains, others languish

A decade after the recession sparked by the collapse of the housing market, the fortunes of homeowners keep getting better in large swaths of
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PHOTOS: What homebuyers can expect to find at $1M on the Charlotte market

The Charlotte Business Journal is continuing a series that takes a closer look at the local housing market at various price points. This installment
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United Community Bank Launches New Website

7, 2019 /PRNewswire/ — As part of its ongoing effort to provide a high level of service to all customers, United Community Bank is proud to announce
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SoftBank Created the Earnings Deck to End All Earnings Decks

Fortune's Erik Sherman writes that SoftBank hopes it can direct WeWork into renewed growth and eventual profitability by taking more control over the
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Reonomy, a massive database of commercial property intel, raises $60M

Its customers include not just mortgage lenders and property acquirers, but those who work in the property industry in a more hands-on way, such as
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Open Banking Europe launches PSD2 Transparency Directory

The directory meets the need of thi rd-party providers (TPPs) and account-servicing payment service providers (ASPSPs) for a repository storing all
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Thinking of lending money to a friend or family member? Read this first

Lending money to a family member or friend is a risky proposition, one that could end very badly. You could lose your money and wreck an important
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Gauteng SA's weakest housing market

He said metropolitan housing markets were showing diverse trends in Gauteng, which was currently the weakest housing market of the major regional
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Angel Oak Home Loans Expands in Georgia With Opening of New Branch

ACWORTH, Ga.–(BUSINESS WIRE)–Angel Oak Home Loans (“Angel Oak”), a leading full-service retail mortgage lender, has opened a new branch
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Apple Bank Looks to the Future With Hosted Core Banking Platform from FIS

New York State-chartered savings bank chooses FIS IBS banking platform as part of a core transformation program to support its continued growth.
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Luxury Housing Market Makes Gains in the Third Quarter

Whispers of a recession are not scaring away homebuyers ready to spend big bucks. Third quarter results show year-over-year gains in the price of
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Bank of Southern California Names Troy Perry Managing Director, Business Banking

SAN DIEGO, Nov. 7, 2019 /PRNewswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San
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JD Power: TD Bank Top Small Business Banker in the South

TD Bank ranked highest in small business banking in the South Region, according to the 2019 J.D. Power Small Business Banking Satisfaction Study.
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Bank split on rates as it warns Brexit deal would hit growth

The Bank of England has warned that the government's Brexit deal will drag down growth over the next three years as extra trade barriers raise costs.
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Millennial Home Refinance Boom Reaches New Heights, According to the Latest Ellie Mae …

PLEASANTON, Calif.–(BUSINESS WIRE)–. According to the latest Ellie Mae Millennial Tracker, refinances represented 33% of all loans closed by
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Switch to Bank of America

Switching banks is easy with Bank of America, from opening your account to transferring direct deposits. Learn how to switch banks online today.
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