• Fed to Banks: We’re Checking for AI Bias,marlam

    Fed to Banks: We’re Checking for AI Bias

    If historical lending records have systemic bias, how can artificial intelligence (AI) digest that data yet also avoid past mistakes and “algorithmic discrimination”?

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  • Renters Need Flood Insurance Too,marlam

    Renters Need Flood Insurance Too

    While homeowners know flood insurance is a separate type of coverage, many tenants incorrectly think flooding is covered by their renters’ insurance or their landlord.

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  • Mortgage Rates Rise to 7.23% – Highest Since June 2001,marlam

    Mortgage Rates Rise to 7.23% – Highest Since June 2001

    Increases may continue. “Ongoing economic strength will likely continue to keep upward pressure on rates in the short-term,” says Freddie Mac’s chief economist.

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