Byusnewsr1-

Aug 25, 2021

A secret bias in mortgage-approval algorithms is denying minority borrowers

A secret bias in mortgage-approval algorithms is denying minority borrowers

By Emmanuel Martinez and Lauren Kirchner | The Markup
This story was reported by The Markup, and the story and data were distributed by The Associated Press.
The new four-bedroom house in Charlotte, N.C., was Crystal Marie and Eskias McDaniels’ personal American dream, the reason they had moved to this Southern town from pricey Los Angeles a few years ago.
A lush, long lawn, 2,700 square feet of…

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