Devang Doshi News Today

Fannie Mae called out AI's potential to end defects as Freddie Mac sought to spur current loan-quality tool use by quantifying benefits at an industry meeting.

"It's huge to have that safety factor and know that everything is not going to be potentially life-threatening and gives you freedom and liberty to go out and eat things," said Dr. Doshi.

Air quality in metro Detroit has been rough this summer. There have been several days of hazardous and hazy air handing over metro Detroit due to wildfires in Canada.

At one point Tuesday evening, Detroit had the worst air quality of any major city in the world on the IQAir rankings.

Air quality in the Metro Detroit area is some of the worst in the world. On Wednesday morning, Detroit was moving between the second and third position on the list of cities with the worst air quality, due to wildfire smoke.

As the wildfires continue to burn across eastern Canada, Dayla Khuder decided to put on her mask outside to help filter out some of those harmful particles.

In Wednesday's News Hit: - New details add to the evidence that the parents of the Oxford High School shooter played a role - The Detroit Zoo is welcoming the public to say goodbye to a gorilla trio that is soon leaving the zoo - Educators say if lawmakers don't act fast and approve a budget, schools might not open this fall

Single-family officials at an industry conference also quantified some of the progress they're making with alternative credit data, and noted that digital validations can help reduce defects.

The agencies on Tuesday recognized that the loan-repurchase requests have taken a toll on originators. What happens next is less clear.

It's not just you - this year's allergies are worse. And that trend is unlikely to improve.