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  1. 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.

3 reports, 3 independent Updated Aug 3
Gone quiet Reached 2 outlets in its first 24 hours
Reports
3
Developments
4
Repetition
0%

New informationRepeats or wire copies

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

Well supportedReported by 3 independent outlets

Coinbase enabled a new token-backed mortgage product using Bitcoin pledges, backed by Fannie Mae.

Who's involved

What this event is mainly about

How it developed

Newest first. Tap a step to see who reported it.
  1. Better is utilizing Bitcoin as collateral for a mortgage program, with Coinbase providing closing credit.Sub-event
  2. First crypto-backed mortgage loan closed in Ann Arbor, validated by Fannie Mae.1 source
  3. Coinbase partnered with Better to allow BTC pledges for mortgages, backed by Fannie Mae.1 source
  4. Fannie Mae integrates Better Home and Finance into its crypto-backed mortgage product via Coinbase.1 source

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The entities involved

Related events

Coverage

Newest first; wire copies grouped
  • forbes.com
  • better_irBetter Home & Finance - Better and Coinbase Launch the First Token-Backed, Conforming Mortgage
  • dsnewsFannie Mae Accepts its First Crypto-Backed Mortgage Product - The MortgagePoint