Tag: Mortgages
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Juneteenth Block Party
Saturday, June 18th, Noon to 6pm, join a free block party at 131st Street and FDB. All Welcome! HBCU College Fair Tomorrow! Join the 28th Precinct at an HBCU college fair. 2271 8th Avenue (St. Nicholas between 122/123), Noon to 4PM. All welcome. Free. Loans, Mortgages, and Insurance Learn more about loans, mortgages, and insurance…
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Algorithms Too? Yes, Computers Can Reinforce the Bias of Their Designers
The Markup – https://themarkup.org/denied/2021/08/25/the-secret-bias-hidden-in-mortgage-approval-algorithms – has a great set of visualizations that illustrate one of the reasons why the wealth gap between Black and White Americans continues to grow. The article on The Secret Bias Hidden in Mortgage-Approval Algorithms shows how communities of color routinely get fewer mortgage loans than white communities with the same…
