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Fannie Mae AI Governance Deadline Arrives Aug. 6
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Fannie Mae AI Governance Deadline Arrives Aug. 6
Fannie Mae’s artificial intelligence and machine-learning governance requirements take effect Thursday, Aug. 6, giving approved seller/servicers a final deadline to formalize how the technology is used across mortgage origination and servicing.The requirements apply when a seller/servicer uses AI or machine learning in connection with loans sold to or guaranteed by Fannie Mae or loans serviced on its behalf. They cover internally operated system…
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