Palantir and Moder Partner to Transform Mortgage Industry
Moder and Palantir are co-building an AI-powered mortgage operations platform, with first pilot customer Freedom Mortgage, a new milestone toward empowering the dream of homeownership
Palantir Technologies Inc. (NASDAQ:PLTR), a global leader in operational artificial intelligence platforms, and Moder, the fastest growing AI and technology outsourcing company in mortgage, today announced a strategic partnership to co-build an AI-powered mortgage operations platform with first pilot customer Freedom Mortgage, bringing Palantir's capabilities around data and AI to the forefront of the mortgage industry alongside Moder's domain expertise.
The co-built platform leverages Palantir's Ontology to provide an agentic AI framework to integrate with existing systems of record today. By translating guidelines and operational policies into configurable, testable, and auditable rules, the new platform is designed to help teams execute critical processes with greater precision and scale.
In early deployments with Freedom Mortgage, the platform has already transformed and is live with several key processes, driving meaningful value through improved speed and accuracy—benefiting operating agents and homeowners.
"This strategic partnership will reshape the future of our industry," said Michael Middleman, Chairman of Moder. "Together, we're building technology that can help improve affordability, lower borrowing costs, and expand access to homeownership for millions of Americans."
"Combining our deep expertise in the mortgage industry with Palantir's data and AI capabilities, we're already seeing measurable results improving the homeownership experience and helping mortgage servicers run more efficiently," said Moder President and CEO Erik Anderson. "This latest technology will accelerate at scale our ability to deliver customized and automated solutions to all our clients in multiple industries."
"Freedom Mortgage is excited about the tremendous impact this strategic partnership between Moder and Palantir will have on the way we operate and the speed and ease by which we service our customers across the nation," said Mike Patterson, Senior Executive Vice President and Chief Operating Officer, Freedom Mortgage.
"We're energized by the opportunity to collaborate with the team at Moder, who share our mission-first mindset and our belief in the transformative power of smart, scalable innovation," said Elias Davis, Office of the CEO, at Palantir. "Homeownership is a cornerstone of the American dream, and through this partnership and our Ontology, we can now unify data through the full mortgage cycle and orchestrate governed AI workflows end-to-end to serve more homeowners, more efficiently, and more accurately."
About Moder
Founded in 2021, Moder is redefining how financial services are delivered and experienced. The company partners with leading banks, mortgage lenders, servicers, insurance companies and asset managers to modernize operations and improve how financial products reach customers. By combining deep industry expertise, world-class talent, and proprietary technology, Moder helps financial institutions move faster, operate smarter, and stay competitive in a rapidly evolving market. For more information, visit gomoder.com
About Palantir
Foundational software of tomorrow. Delivered today. Additional information is available at palantir.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the transaction details or structure, the terms of any contracts, and the expected benefits of Palantir's software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir's control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms' reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
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Media Contacts
Moder
Mahasweta Ghosh, [email protected]
Palantir
Lisa Gordon, [email protected]