On Wednesday morning, Fannie Mae president and CEO Priscilla Almodovar took to the stage at Fannie Mae’s headquarters with Federal Housing Finance Agency (FHFA) Director Bill Pulte and Palantir Technologies CEO Alex Karp. The trio announced a partnership between the government-sponsored enterprise (GSE) and Palantir to root out mortgage fraud.
Palantir is a publicly traded software company founded by Peter Thiel, Stephen Cohen, Joe Lonsdale and Karp in 2003. The company has had several partnerships in the past, including some within the mortgage space.
Now, Pulte and Almodovar are enlisting the company to detect and prevent fraud details ⇒
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