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Two complaints both seek $1 million in damages for each former employee for total of $82 million
NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’
Deal could value GSEs at combined $500B, sell a portion of their stock to raise ~$30B
Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations
GSE’s liquidity, cost cuts, and credit quality hold steady even with sluggish spring market; regulatory capital still $29B too low
Letter calls for consulting with independent experts, regulators before any changes made
