Palantir AI shows up at Fannie Mae to fight mortgage fraud

Trump administration darling Palantir has scored another data-guzzling win by partnering with Fannie Mae to detect mortgage fraud using AI. 

Fannie Mae, a US government-backed outfit that buys mortgages from lenders and bundles them into mortgage-backed securities, will partner with Palantir to create a new “AI-powered Crime Detection Unit,” the mortgage giant said in an announcement yesterday. Fannie Mae said using Palantir AI in its new CDU will save the US housing market “millions in…