Search results for Fannie Mae
Crypto
Coinbase, Better to roll out bitcoin and USDC-backed mortgages across the United States
Coinbase and Better Home & Finance have introduced a mortgage product that combines a conventional home loan with a separate crypto-backed loan to fund a down payment. The companies said a couple in Ann Arbor, Michigan, has completed the first loan and they plan to launch the product across the United States in summer 2026. Initial eligible collateral is limited to bitcoin and USDC, with plans to expand supported digital assets.
Crypto
Stablecoins, ETFs surge as whales stay quiet in crypto market
Institutional participation in the cryptocurrency market is rising rapidly, while whales have effectively disappeared in this cycle, an industry executive said. Exodus CEO JP Richardson said institutions are in a bull market but retail investors do not feel it. He cited record stablecoin market capitalisation and moves by Morgan Stanley, Charles Schwab, Franklin Templeton and Fannie Mae. Analysts also pointed to nine-year-low whale activity and weak small-account inflows.
Crypto
Fannie Mae approves first US home loan backed by cryptocurrency
Fannie Mae has approved a cryptocurrency-backed home loan for the first time in the history of U.S. housing finance, The Block reported on March 26, citing the Wall Street Journal. The move opens a way for homebuyers to obtain loans without converting digital assets into cash. The loan product was developed in cooperation with Better Home & Finance and Coinbase and is designed to allow cryptocurrency to be used as collateral for Fannie Mae-backed loans. Details have not been disclosed.