The U.S. Senate Subcommittee on Housing, Transportation, and Community Development held a session today on the promises and perils of artificial intelligence and housing, inviting three experts to share their testimony and expertise in this space. One of those guests invited to testify today included Vanessa Perry, interim dean of the George Washington University School of Business.
Perry is also as a professor of marketing, strategic management and public policy at GW and non-resident Fellow of the Housing Finance Policy Center at the Urban Institute. Her research is focused on consumers in housing and financial markets, marketplace discrimination, and public policy interventions and she has studied closely the homeownership gap in the U.S. Perry previously worked for the mortgage giant Freddie Mac, the U.S. Department of Housing and Urban Development and the U.S. Consumer Financial Protection Bureau.
Perry addressed the impact AI has on the housing and mortgage industry and the urgency with which AI regulation needs to be addressed in this space, as AI may present unintended consequences on fairness and equity. She also spoke to the opportunities AI presents in increasing access to homeownership and eradicating the systematic biases and barriers that have been pervasive in the housing and mortgage industry.
You can watch the full panel hearing here.
If you would like to speak with Dean Perry about the intersection of AI and housing, please contact GW Senior Media Relations Specialist Cate Douglass at [email protected].
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