POPA ReconINTEL: Bitcoin-backed mortgages are live, Fannie Mae just issued its first
INTEL: Bitcoin-backed mortgages are live, Fannie Mae just issued its first The first went to a couple in Michigan, who pledged Bitcoin as collateral instead of selling, dodging capital gains while keeping the upside. It’s a conforming Fannie Mae loan, meaning a US government-sponsored enterprise now treats crypto as a cash-equivalent asset. Better is projecting $250M in initial volume off its waitlist, with a full rollout this summer. Developing Twitter
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