Fannie Mae, the quasi-government financial firm overseen by the Federal Housing Finance Agency (FHFA), announced a partnership with defense tech company Palantir to detect mortgage fraud using the firm's proprietary technology, which includes some elements of artificial intelligence (just in case they didn't have all of your info...)

Under the agreement, new mortgage applications would be run through Palantir's technology suite to uncover fraud before they reach Fannie Mae, according to the housing giant's president and CEO, Priscilla Almodovar, who added that the tech will allow the organization "to see patterns quicker."

"We're going to be able to identify fraud more proactively, as opposed to reactively," she said during a Wednesday press conference in Washington D.C. "We're going to be able to understand the fraud and stop it in its tracks. And I think over time, this really becomes a deterrent for bad actors, because we're creating friction in the system when they do bad things."