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Redfin economist urges caution as government considers crypto-backed mortgage assessments

Key Takeaways Redfin chief economist Daryl Fairweather has voiced concerns about using crypto holdings in evaluating mortgage risk. The US government is considering whether to count digital asset holdings when assessing mortgage applicants’ financial profiles. Share this article The US housing sector may be moving toward recognizing crypto in mortgage underwriting, but Redfin’s chief economist … Read more

Meta plans to automate many of its product risk assessments

An AI-powered system could soon take responsibility for evaluating the potential harms and privacy risks of up to 90% of updates made to Meta apps like Instagram and WhatsApp, according to internal documents reportedly viewed by NPR. NPR says a 2012 agreement between Facebook (now Meta) and the Federal Trade Commission requires the company to … Read more

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