Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud

Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud


Key Points
  • An early test showed that Palantir’s technology, which includes elements of artificial intelligence, could identify fraud in seconds that took human investigators two months, Fannie Mae CEO Priscilla Almodovar said.
  • Shares of Palantir have jumped more than 140% since President Donald Trump’s election win in November.
  • The announcement comes as there is a push to potentially bring Fannie Mae and Freddie Mac out of conservatorship.



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