#fannie mae

Coinbase and Better launch America’s first Bitcoin-collateralized Fannie Mae mortgage, allowing homebuyers to keep crypto while purchasing homes. A major milestone has arrived for both the housing and cryptocurrency industries. The first Fannie Mae-backed mortgage backed by Bitcoin has been successfully originated in the United States, Coinbase announced. The loan was issued and is being […] The post First Bitcoin-Collateralized Mortgage Issued in America appeared first on Live Bitcoin News.

Coinbase has funded the first Fannie Mae-insured mortgage in the U.S. using Bitcoin-backed collateral, bringing digital assets into a part of the housing finance market traditionally dominated by cash savings and bank deposits. According to Coinbase, the transaction was completed…

Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.