The Financial Stability Oversight Council (FSOC) has recommended that Congress consider expanding PTAP into a robust “liquidity backstop” for mortgage servicers during periods of market stress. This move could stabilize servicers, provide necessary liquidity support, mitigate risks, preserve servicing rights, bolster small lenders, and enhance warehouse lender confidence. …
Nevada’s Google-powered generative AI system is set to launch within the next few months, reports Gizmodo. Its function will be to analyze transcripts of unemployment appeals hearings and issue recommendations to the humans that give a final verdict.Read Entire Article…
Starship Super Heavy Breezes Through Wind Tunnel Testing NASA and its industry partners continue to make progress toward Artemis III and beyond, the first crewed lunar landing missions under the agency’s Artemis campaign. SpaceX, the commercial Human Landing System (HLS) provider for Artemis III and Artemis IV…