Tag: Mortgage Lending

Fannie Mae’s AI Governance Requirements Are Now in Effect: What Lenders Should Expect from Their Third Party Vendors

Fannie Mae’s new artificial intelligence (AI) and machine learning (ML) governance framework went into effect for Seller/Servicers on August 6, 2026 (Lender Letter LL-2026-04). While the guidance directly targets industry participants selling to or servicing for Fannie Mae, its operational reach extends heavily into the third-party vendor ecosystem. As lenders implement required risk management policies, […]

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