Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
‘Options’ aim to protect homebuyers from use of ‘algorithmic bias’ in valuation process
Protecting homebuyers from bias resulting through the use of algorithms applied in property valuations is the aim of “options” released Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said […]