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Calls for end to conservatorship, possible merger of Fannie Mae, Freddie Mac to reduce redundancies
PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017
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
