Several federal agencies have released a policy statement on the use of artificial intelligence products under existing laws, particularly to ensure that consumers aren’t discriminated against by the algorithms companies use for loans or other financial products.
IRVINE, Calif.--(BUSINESS WIRE)--CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for February 2023.
For savers and investors, the financial services compensation scheme (FSCS) represents a safety net. Established in 2001 and expanded after the global financial crisis of 2007/2008; it has recovered billions of pounds of consumer money over the past two decades.
Investing.com -- Banks stepped up the pace of borrowing from the Federal Reserve’s emergency lending programs for the second-straight week, pointing to ongoing liquidity strains just as rumblings in the sector reemerged following recent disappointing quarterly results from regional banks.
The average 30-year fixed-rate mortgage rate increased to 6.43% for the week ending April 27, 2023, according to the latest Freddie Mac data. That’s up from last week when it averaged 6.39%. A year ago, it averaged 5.10%.
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