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Sponsored by the National Association of REALTORSTipping the SCALE:Will Alternative Data Promote or Impede Fair Lending Goals? Vanessa G. Perry and Ann B. Share April 2021Note: We would like to thank
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Will alternative data promote better decision-making and insights into market trends by utilizing unconventional datasets.
Entities and individuals involved in data-driven decision-making processes within industries that are impacted by alternative data usage.
Filling out will alternative data promote typically involves compiling necessary income, expense, and alternative data usage details into the prescribed format or form.
The purpose is to enhance transparency and accountability in the use of alternative data in various sectors, especially financial services.
Information that must be reported includes the sources of alternative data, its usage in decision-making, and any associated risks.
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