Palantir Technologies and Moder partnered to build an AI-powered mortgage operations platform and Freedom Mortgage was its first customer, the companies announced Thursday.

The cobuilt platform uses Palantir's Ontology, a modeling layer that connects data to operational actions, to provide an agentic AI framework to integrate with existing systems of record. The platform was made to help teams execute critical processes with greater accuracy and magnitude by translating guidelines and operational policies into configurable, testable and auditable rules, according to a press release.

"This strategic partnership will reshape the future of our industry," said Michael Middleman, chairman of Moder, a financial services outsourcing specialist, in the release. "Together, we're building technology that can help improve affordability, lower borrowing costs and expand access to homeownership for millions of Americans."

Middleman is the son of Stan Middleman, the founder and CEO of Freedom. In addition to his role at Moder, Michael Middleman is managing director at Freedom.

Homebuyer affordability worsened nationally in January for the first time in seven months, according to the Mortgage Bankers Association, as underbuilding expanded the housing supply gap to more than 4 million in 2025, Realtor.com found. 

In early deployments with Freedom Mortgage, the platform is live with multiple key processes, increasing speed and accuracy to the benefit of operating agents and homeowners, the release said.

"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 at Freedom, in the release.

Freedom, one of the largest private mortgage lenders in the United States, made news earlier this week with the planned acquisition of Seneca Mortgage Servicing. In buying Seneca, the lender hopes to expand its platform.

Moder is an independent company from Freedom, despite the ties between the two. While Freedom has been an important customer of Moder since its launch in 2021, the company has more than 70 other clients in the mortgage industry, plus many clients in other industries such as insurance, banking and asset management, a company spokesperson said.

Palantir, a military data contractor, has made strategic moves recently as well, partnering with Fannie Mae last May to help the government-sponsored entity eliminate fraud. The company also teamed up with TWG Group last March to increase adoption of AI in the financial space. Palantir was cofounded by Peter Thiel, one of the founders of PayPal and an investor in Elon Musk's companies.

"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, in the release. "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."