#124 Author Tory Haggerty: Unfair Lending: Why Discrimination In Banking Still Exists
Update: 2023-08-15
Description
The roots of racial discrimination ran deeper into the financial system. Today, unfair lending still exists in banking. It’s time to uproot this evil in the financial system! Today, Tory Haggerty, the Author of Unfair Lending: Why Discrimination In Banking Still Exists And How to Prevent It, reveals the faults in the financial system and provides some tips and strategies to address the problem. Appraisal bias and whitewashing cause a tremendous impact on the value of the home owned by the minority group. Tory also discussed how AI does not help solve this problem, and instead, it replicates it because AI is learning from a discriminatory world. Tune in for more!
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