Fannie Mae, a large government-sponsored enterprise serving the U.S. mortgage market, is expanding its limited title waiver pilot, according to a social media post by its conservator and regulator. “Effective today, in order to further reduce closing costs for homeowners, and foster more competition, we will be adding a second vendor — Westcor — to […]
Fannie Mae expanding title waiver pilot, Pulte says Read More »
Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said the central bank does have a problem with income losses, but interest paid on reserves are not to blame. In a speech delivered at the Federal Reserve Bank of Dallas on Thursday, Waller made the case that the true source of the Fed’s
Waller says QE to blame for Fed losses on reserve interest Read More »
Adobe Stock/Usman Zafar Paracha Momentum is building around agentic AI, as banks like JPMorganChase, Capital One and BNY start to adopt it. For managers used to leading teams of junior workers (whose tasks these agents are typically taking on), these digital workers will present new management challenges. Agentic AI takes a large language model like
Digital workers are coming. Managing them is a new challenge Read More »