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Small businesses still face $28 billion of unforgiven PPP loans

Almost 350,000 loans made to small businesses in 2020 during the COVID-19 pandemic haven’t been forgiven, according to a Bloomberg News analysis of Paycheck Protection Program data, and most of them are for less than $25,000. ....

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The secret bias hidden in mortgage-approval decisions

The secret bias hidden in mortgage-approval decisions
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The secret bias hidden in mortgage-approval algorithms

The secret bias hidden in mortgage-approval algorithms
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The secret bias hidden in mortgage-approval algorithms

The secret bias hidden in mortgage-approval algorithms
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The secret bias hidden in mortgage-approval algorithms

Lenders were 80% more likely to reject Black applicants than similar white applicants. These are national rates. ....

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