Author name: Ricky Vasquez

Fannie Mae released new guidelines surrounding the use of artificial intelligence and machine learning, joining its fellow government-sponsored enterprise in mandating new AI policy.   Processing Content Introduced last week, Fannie Mae’s rules officially take effect on Aug. 6 for sellers and servicers of loans it guarantees. Similar to updates already in place at Freddie Mac

Rising mortgage rates are rattling homebuyers and cooling existing home sales, but remodelers are largely shrugging it off and in some ways, welcoming it. Processing Content “Ongoing positive remodeler sentiment is consistent with the NAHB outlook, given an aging housing stock and the lock-in effect of elevated mortgage rates keeping owners in their homes,” its