Fannie Mae

August 6 was an important contractual checkpoint. The more consequential deadline is the day a GSE, regulator, investor, warehouse lender, or plaintiff asks the institution to produce evidence that its AI governance actually worked

Fannie Mae’s new requirements put AI oversight into practice, giving lenders a clear starting point for identifying risk and building responsible governance

John Hardesty and Daniel Esquibel take on broader roles amid growth across the verification provider’s markets

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place

The GSE financed 201,000 home purchases, while appraisal alternatives pushed estimated borrower closing-cost savings to $3 billion

Fannie Mae and Freddie Mac will eliminate abbreviated project reviews for condo applications dated on or after Aug. 3