RISK MANAGEMENT & QA TRACK: AI Governance Frameworks in Action

Financial institutions are evaluating a growing number of AI governance frameworks, standards, and regulatory guidance to help establish effective oversight, accountability, and risk management practices. This session explores the foundational elements of effective AI governance, emerging frameworks and standards, and practical considerations for implementing responsible AI within mortgage organizations. Attendees will also be introduced to FRAME (Framework for Responsible AI in the Mortgage Ecosystem), MISMO's mortgage-specific AI governance framework, and learn how it provides practical implementation guidance, governance artifacts, and resources that lenders can incorporate into their existing AI governance programs.