Abstract
This paper examines issues of racial bias in lending practice for mortgages, personal and commercial lending, as well as credit-scoring. It looks at these four areas and describes solutions intended to address any potential bias, which may include government intervention, internal bias testing and monitoring measures, and development of new products to mitigate bias.
Year
2022
Description
This paper examines issues of racial bias in lending practice for mortgages, personal and commercial lending, as well as credit-scoring. It looks at these four areas and describes solutions intended to address any potential bias, which may include government intervention, internal bias testing and monitoring measures, and development of new products to mitigate bias.
Publications
Research Paper Series on Race and Insurance Pricing
Formerly on syllabus
Off