In this paper, Marsha Courchane and Leonard C. Kiefer and Peter M. Zorn of Freddie Mac, explore whether modern automated underwriting systems (AUS) can be used to extend credit to borrowers responsibly, with a particular focus on target populations that include minorities and those with low‐ and moderate incomes. To read the paper, click the link below.
What CFPB enforcement history reveals about future priorities
The authors analyze the enforcement activity under each of the directors who served the CFPB since its inception and the civil money penalties collected by...