Fannie Mae, Freddie Mac and Bill Pulte
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Director Bill Pulte termed “something big on mortgage fraud,” Fannie Mae yesterday said it has launched an AI-powered Crime Detection Unit in partnership with software firm Palantir.
An AI-focused software company is partnering with Fannie Mae to prevent mortgage fraud amid the Trump administration's push to privatize Fannie and Freddie.
Fannie Mae CEO Priscilla Almodovar said that the GSE will prioritize occupancy fraud detection for multifamily properties.
Public and private stakeholders-including Fannie Mae, FHFA, and Palantir-are leveraging technology and data-driven insights to detect fraudulent activity more effectively. This policy initiative, initiated by President Donald J.
Fannie and Freddie shares and mortgage bonds have been whipsawing in the aftermath of the president's latest guarantee comments.
A federal housing official pledged to take near-term action on credit score costs as two legislators have urged him not to allow fewer credit reports.