A Secret Bias Hidden in Mortgage-Approval Algorithms
Empire Appraisal Group
SEPTEMBER 30, 2021
A Secret Bias Hidden in Mortgage-Approval Algorithms. The bias varied by metro area. Underpinning these trends are biases baked into software mandated by Freddie Mac and Fannie Mae, specifically the Classic FICO scoring algorithm. Lucie, Florida. © Copyright 2021 INFORMATION, INC.
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