Overview

• Fannie Mae and Palantir Technologies have rolled out the Fraud Defense Dome, an AI-driven system designed to detect and prevent mortgage fraud across millions of data points.
• Early trials demonstrated the technology can identify fraudulent activity in seconds, slashing a process that once took human investigators roughly two months.
• The program is intended to save taxpayer dollars by strengthening oversight within Fannie Mae’s $4.3 trillion residential mortgage portfolio.
• President Donald Trump continues to push plans to take Fannie Mae and Freddie Mac public while retaining the government’s implicit guarantees.
• FHFA Director William Pulte indicated the technology could expand to Freddie Mac, and the agency is also exploring additional AI partnerships, including with Elon Musk’s xAI.