Crypto

Coinbase, Fannie Mae to Enable Crypto-Backed Mortgages

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In brief

  • Fannie Mae will accept crypto-backed mortgages for the first time, allowing borrowers to pledge Bitcoin or USDC as down payment collateral.
  • The program operates through a partnership between Coinbase and Fannie Mae-approved lender Better Home & Finance.
  • Borrowers avoid selling crypto…

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