Watford City Bancshares, Inc.

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Artificial intelligence

How a Tennessee credit union uses generative AI to foster fair lending

Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.

By Frank Gargano

2h ago
Ginnie Mae

Ginnie Mae President Alanna McCargo to retire

McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.

By Bonnie Sinnock

2h ago
Secondary markets

Freddie Mac home-equity loan proposal gets pushback from SFA

The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.

By Bonnie Sinnock

4h ago