Crypto

Fannie Mae-Backed Bitcoin Home Mortgages Are Finally Here, Coinbase Says

Decrypt logo

In brief

  • Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed mortgage by pledging Bitcoin as collateral.
  • Day-to-day market drops will not trigger margin calls or sudden liquidations, according to mortgage lender Better.
  • The offering follows a policy pivot…

Read Full Article at Source