Fannie Mae Tackles Mortgage Fraud Amidst Employee Terminations

Published 1 days agoPLTR

Fannie Mae Tackles Mortgage Fraud Amidst Employee Terminations

As of May 28, 2025, there is no public record indicating a collaboration between Palantir and Fannie Mae to use AI in mortgage fraud detection. Nevertheless, both entities have been proactive in combating mortgage fraud through various efforts. Fannie Mae recently terminated more than 100 employees for unethical conduct linked to fraud and has faced significant financial losses due to fraudulent activities. In November 2024, the company reported a $752 million credit loss provision attributed to fraud in multifamily lending transactions, according to a report by Bloomberg Law.

To enhance its detection capabilities, Fannie Mae has integrated machine learning models into its credit risk assessment framework. This move aims to bolster the company's defense against fraudulent activities. Palantir, known for its robust data analysis capabilities, has previously partnered with Better HoldCo in 2022 to develop a platform to improve data-driven decisions in the mortgage industry, as reported by Inman.

Despite these efforts, there remains no evidence of a direct collaboration between Palantir and Fannie Mae specifically focused on mortgage fraud detection. Both organizations continue to independently address the challenges posed by mortgage fraud through their respective technologies and strategies.

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