Fannie Mae shares rose over 2% Wednesday after President Trump said he plans to take the housing giants public while preserving government guarantees, according to Benzinga. Trump said on Truth Social he intends to take the housing giants public while maintaining presidential oversight. Fannie Mae also launched a new AI-powered Crime Detection Unit in partnership with Palantir to enhance fraud prevention in the housing market. The company says the platform will improve speed and accuracy in identifying financial crimes. Chairman William J. Pulte said the move will help “root out bad actors,” while Palantir CEO Alex Karp called it a “revolution” in fraud detection.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Fannie Mae shares rose over 2% Wednesday after President Trump said he plans to take the housing
00:06giants public while preserving government guarantees, according to Benzinga.
00:10Trump said on True Social he intends to take the housing giants public while maintaining
00:14presidential oversight. Fannie Mae also launched a new AI-powered crime detection unit in partnership
00:19with Palantir to enhance fraud prevention in the housing market. The company says the platform
00:24will improve speed and accuracy in identifying financial crimes. Chairman William J. Pulte
00:29said the move will help root out bad actors, while Palantir CEO Alex Karp called it a revolution
00:35in fraud detection. For all things money, visit Benzinga.com slash GSTV.