C Extra Trading Co.,Ltd.“This is exactly a relatively “” new world “” off automatic underwriting engines you to by purpose may not discriminate but by effect almost certainly do,” told you David Stevens, an old chairman and you will Chief executive officer of one’s Home loan Lenders Connection, today an independent economic associate.
The brand new president of one’s trading group representing home appraisers, just who determine possessions thinking to possess fund, recently recognized you to racial prejudice are commonplace in the business and you can circulated new programs to combat they.
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