- Freddie Mac, Fannie Mae, and Federal Home Loan Banks support mortgages for families in the U.S. and are regulated by the Federal Housing Finance Agency.
- Coinbase enabled a new token-backed mortgage product using Bitcoin pledges, backed by Fannie Mae.
Better is utilizing Bitcoin as collateral for a mortgage program, with Coinbase providing closing credit.
1 report, 1 independent
Updated Aug 26
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Better is utilizing Bitcoin as collateral for a mortgage program, with Coinbase providing closing credit.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Bitcoin price breakout and regulatory optimism drive the launch of a nationwide token-backed mortgage product.Sub-event
Better uses Bitcoin as collateral for mortgage program; Coinbase offers closing credit.1 source
Keep exploring
The entities involved
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Better
business
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Bitcoin
digital cash system and associated currency
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Coinbase
American company that operates a cryptocurrency exchange platform
Related events
- A Bitcoin hack has occurred, with hacker wallets linked to Coinbase Prime and involving massive transfers linked to Bitfinex and Alameda Research.
- Metaplanet began using Bitcoin as collateral to secure loans.
- A partnership was established to propose loan products secured by Bitcoin collateral.
- Armstrong endorsed SEC reforms supported by Peirce, and Ondo introduced blockchain exposure to pre-IPO.