...issue a proposed rule on automated valuation models (AVMs), and is actively working to ensure that black-box models do not lead to acts of digital redlining in the mortgage market....

...furthering bias,” noted Rep. Waters. “In some cases, the use of such algorithms and other company policies and practices have been demonstrated to have discriminatory outcomes. A 2022 redlining and...

...area was a thriving African-American community, replete with creative character. But several factors led to the community’s decline, beginning with mortgage redlining and racial zoning in the 1930s; the construction...

...and pricing regressions; redlining analyses; comparative file reviews; and exception monitoring. All small business lending units must ensure that they have robust processes and quality control functions for adverse action...

...Living in inadequate housing requires more upkeep and paying relatively more in property taxes. Legacies of redlining and current discriminatory lending have also hampered Black households' efforts to gain access...

...know they’re being asked to do. The third category is systemic bias—the results of larger-scale bias decisions that perhaps were made historically. This includes things like historic redlining, government policies,...

...toxic facilities in the United States. And decades of redlining and segregation has ensured that Black inner-city communities are home to some of the most deteriorated infrastructure in the nation....

...of authors wrote. “Another New Deal-era corporation, the Home Owners' Loan Corporation, engaged in a practice known as "redlining" when it drew maps for over 200 American cities to rate...

...a larger share of homes with high flood risk than areas that weren’t redlined. While redlining has been outlawed for years, formerly redlined areas are still more likely to house...

...loan, earning less money can make getting approved for a mortgage more difficult. Further, the legacies of historical policies meant to disenfranchise Black homebuyers, like illegal “redlining,” and other discriminatory...