Artificial intelligence and algorithmic lending can help reduce racial disparities in mortgage lending, a new report from the Financial Services Innovation Coalition and Creative Investment Research found.
ATTOM Data Solutions, Irvine, Calif., released its February U.S. Foreclosure Market Report, showing 11,281 U.S. properties with foreclosure filings— up 16 percent from a month ago but down 77 percent from a year ago.
Lots of housing market reports piling up in the MBA NewsLink inbox. Let’s get going:
Initial claims for unemployment insurance fell by 42,000 to their lowest level since November, the Labor Department reported yesterday, nearly matching a post-pandemic low.