After years of serving as a convenient political target, artificial intelligence is entering a new phase of the debate: one shaped not only by state and local experimentation, but also by a more assertive federal posture. A recent Executive Order on AI directed the Justice Department to create a Litigation Task Force to challenge state […]
AI isn’t to blame for the housing crisis Read More »
Impac Mortgage Holdings is on the verge of going out of business, according to a new audit. Processing Content The Southern California–based mortgage firm revealed its dire situation via an independent audit from Baker Tilly published Friday to the over-the-counter Open Market exchange. Once regularly a billion-dollar originator, the company’s books today are upside-down, with
Impac Mortgage teeters on collapse amid audit, data breach Read More »
A homeowner is suing Bank of America and an appraisal firm for racial discrimination, the latest appraisal bias lawsuit against a major lender. Processing Content Darchelle Braxton, a Black woman, sued the businesses last week in federal court for violating the Fair Housing Act and the Equal Credit Opportunity Act in handling her mortgage application
Bank of America, appraiser sued for discrimination Read More »