Consumer-lending discrimination in the FinTech Era

Consumer-Lending Discrimination in the FinTech Era∗

Loan officers may discriminate based on facial features. Algorithmic scoring may imply disparate impact due to the inappropriate use of big data by FinTech lenders. To investigate these discrimination channels, we estimate a treatment-based OaxacaBlinder decomposition based on the unique mortgage-default-risk setting of the GSEs. We find that lenders reject African-American and Hispanic applica...

Responsible Consumer Lending

Evidence on Discrimination in Mortgage Lending

Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive o...

Consumer Lending Cross-Sell and Product Bundling

In today’s lending environment, cross-sell has become a way of life for most consumer lenders. Moving from a silo-product mentality to a consultative selling approach to help the customer with a variety of needs has resulted in a proliferation of cross-sell initiatives. While crosssell efforts appear widespread, many bankers and lenders are not effectively executing, which results in low cross-...

Stigmatization, Discrimination, Racism, Injustice, and Inequalities in the COVID-19 Era