US EditionFannie Mae Joins Palantir to Launch AI-Run Mortgage Fraud Unit
- Fannie Mae partnered with Palantir in 2025 to launch an AI-powered Crime Detection Unit in Washington, D.C., aiming to combat mortgage fraud.
- The partnership follows longstanding government conservatorship of Fannie Mae and Freddie Mac since the 2008 financial crisis, with ongoing plans to privatize them.
- Fannie Mae, the largest holder of residential mortgage debt with over $4.3 trillion in assets, will use Palantir’s AI to enhance fraud detection speed and precision.
- CEO Priscilla Almodovar stated the technology identifies fraud in seconds by analyzing millions of data points, while FHFA Director William Pulte noted expansion to Freddie Mac could follow.
- This initiative aims to save taxpayers and lenders money by improving mortgage system integrity amid discussions that Trump will decide when or if the companies go public.
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Business Insider
The New York LedgerTwo of the biggest names in the Trump trade are teaming up to uncover mortgage fraud
Kevin Dietsch/Getty ImagesPalantir and Fannie Mae are teaming up for an effort to uncover mortgage fraud.Fannie says the partnership will deploy Palantir's AI tools to detect suspicious activity.Shares of both Palantir and Fannie Mae have rallied sharply since Trump's election win.Palantir and Fannie Mae, two firms that have been at the heart of the Trump trade, are teaming up for a push to root out fraud in the mortgage market.The government-sp…
Fannie Mae partners with Palantir on mortgage fraud detection tech
Fannie Mae, the government-sponsored enterprise overseen by the Federal Housing Finance Agency, is enlisting data analytics giant Palantir in a new partnership aimed at cracking down on mortgage fraud. Under the agreement, Palantir’s technology will be deployed to uncover fraud in mortgage packages before they reach Fannie Mae. Priscilla Almodovar, president and chief executive officer of Fannie Mae, said the tech will allow the organization “to…
Fannie Mae Partners With Palantir For AI Mortgage Fraud Effort As Trump Works To Take Housing Giants Public
Fannie Mae Partners With Palantir For AI Mortgage Fraud Effort As Trump Works To Take Housing Giants Public Fannie Mae, the quasi-government financial firm overseen by the Federal Housing Finance Agency (FHFA), announced a partnership with defense tech company Palantir to detect mortgage fraud using the firm's proprietary technology, which includes some elements of artificial intelligence (just in case they didn't have all of your info...) Under…
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