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Fannie Mae on Wednesday announced that its next version of the Desktop Underwriter (DU) software platform will be available for users on Jan. 11. The platform will feature “enhanced” risk assessment by incorporating new data points, including updated market conditions and loan performance data in its assessment functionality. Fannie Mae said that DU version 12.0 represents “a major update to DU’s credit risk assessment and opens new opportunities for homeownership,” while claiming it will also offer new ways to evaluate borrowers “with thin or no credit” and will offer additional details on rent history and “cash flow assessment.” The new…

OpenAI is one of the most valuable startups in the world, worth around $157 billion.Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show.Altman’s net worth is estimated to be at least $2 billion.OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what’s now one of the most valuable startups in the world, the company’s tax filings for the year showed.That represents about a 3.4% increase in pay from 2022, when Altman received $73,546, documents showed.For context, the median household income in San Francisco County, where Altman owns a $27…

These were the key developments on the 1,001st day of the Russia-Ukraine war.Here is the situation on Thursday, November 21: Fighting and weapons Ukraine reportedly fired 12 British Storm Shadow cruise missiles – the latest Western weapon it has been permitted to use on Russian targets – into Russia’s Kursk region, according to pro-Russian Telegram channels. The Ukrainian military said a Russian command post has been “successfully struck” in the town of Gubkin in Russia’s Belgorod region, about 168km (105 miles) from the border with Ukraine. Russian forces have taken control of the settlement of Illinka in eastern Ukraine’s Donetsk…

The deal will refund buyers and sellers after the brokerage allegedly failed to disclose to its clients that it had received payments from Home Security of America to advertise HSA’s home warranties. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Real estate brokerage Edina Realty has agreed to pay $3.5 million before the end of the month in order…

Don’t sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday’s closing bell. The cybersecurity company delivered strong fiscal 2025 first-quarter results, beating estimates on basically every line. It also raised full-year guidance across several key metrics. However, the recently rallying stock fell victim to profit-taking as the new outlook failed to satisfy lofty investor expectations. Revenue for Palo Alto’s quarter ending Oct. 31 increased 14% year over year to $2.14 billion, exceeding the consensus estimate of $2.12 billion that was compiled by LSEG. Adjusted earnings per share increased 13% to $1.56,…

Getty ImagesThe Australian government is billing its proposed ban as “world-leading”“I felt really scared to be honest,” says James, describing an incident on Snapchat that left him questioning whether it was safe to go to school.The Australian boy, 12, had had a disagreement with a friend, and one night before bed the boy added him to a group chat with two older teenagers.Almost instantly, his phone “started blowing up” with a string of violent messages.“One of them sounded like he was probably 17,” James tells the BBC. “He sent me videos of him with a machete… he was waving it…

The judge in Diddy’s criminal case is ordering prosecutors to destroy all the materials they obtained from a raid on his jail cell … and we examine the fallout on today’s edition of TMZ TV Hot Take. Check out the clip from “TMZ Live” … Harvey and Charles explain why the judge sided with the Bad Boy Records founder. Play video content TMZ.com Lots of twists and turns in the Diddy case so far … and we haven’t even gotten to his trial. Check your local listings for when TMZ is on in your area or catch up on past…

NAR’s volunteer leaders receive financial benefits that no other nonprofit in the housing space comes close to matching, 990 filings reveal. Earlier this week the National Association of Realtors(NAR) made headlines for the extravagant perks and compensation its executives and volunteer leaders receive. A New York Times investigation detailed the lavish perks enjoyed by trade group executives, particularly former CEO Bob Goldberg, who had three memberships to exclusive country clubs, paid first-class airfare for personal travel, a $1,500 monthly car allowance, free pet-sitting for his dogs Tuffy and Fonzie, and tickets to “Hamilton” at the height of the musical’s popularity.…

Grimes shared new details about her custody dispute with her former partner, Elon Musk.Grimes wrote on X that she “spent a year locked in battle in a state with terrible mothers rights.”Grimes said she was “going bankrupt” during the dispute and had a “fraction” of Musk’s resources.Grimes says she was “going bankrupt” during her custody dispute with Tesla CEO and billionaire Elon Musk, with whom she shares three children.Grimes, whose real name is Claire Elise Boucher, became embroiled in a custody dispute with Musk in 2023 over X Æ A-Xii, Exa Dark Sideræl, and Techno Mechanicus. Grimes and Musk filed…

Legendary comedian Jay Leno has been injured extensively. According to the former talk show host, he sustained these grisly injuries after taking a nasty fall down a steep hill. Now, his face and body are covered in bruises. his wrist is in a bandage, and he’s wearing an eye patch. There are a lot of questions about how this could happen. But, sometimes, improbable misfortunes can happen to anyone. Inside Edition caught up with Jay Leno in November 2024, showcasing heavy bruising and other injuries to the comedian’s face and body. (Image Credit: Inside Edition) How did Jay Leno become…