Tag: AI
-
Training Algorithms to Fix Rents? That’s Illegal, Justice Department Tells Software Company
You’re renting, and saving up to buy. You’d like to hold the deed to your home. You crave an opportunity to “get on the ladder” and build wealth through home equity. And you’ve had it up to here with rent hikes. You’ve read up on inflation. You regularly check in on mortgage interest rates. The…
-
Driving Change: Can a Real Estate Company Use AI to Root Out Prejudice in Deeds?
Seattle real estate firm John L. Scott is on to something. The company is working with Amazon Web Services to create intelligent document processing. The goal? To help deed holders easily check for race-based deed restrictions — and take action. Race-based prejudice is all too common in deeds across the United States. The language…
