Cathie Wood praised adding crypto in mortgage qualification

Crypto could soon help more people get a mortgage — but market experts see 2 risks

An aerial view of homes in the Phoenix suburbs on June 9, 2023 in Queen Creek, Arizona.Mario Tama/Getty ImagesThe FHFA wants Fannie and Freddie to start counting crypto as an asset when assessing mortgage risk.Some experts aren't on board, citing added risks to housing finance stemming from crypto.Crypto's volatility is a top concern, sources told BI. Cryptocurrency has been slowly making inroads into mainstream finance, and housing could be the…

Bitcoin Investors Faced Mortgage Hurdles Due to Crypto-Tied Assets, Says Cathie Wood: 'Won't Be Surprised' If They Were To Shift Some Of Their BTC To Coinbase - ARK Fintech Innovation ETF (BATS:ARKF)

Seasoned investor Cathie Wood said Saturday that Bitcoin (CRYPTO: BTC) holders may not hesitate to shift their holdings to a centralized cryptocurrency exchange to avail home loans.

Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy

Wood said the FHFA directive "could bolster both crypto and housing significantly." Continue Reading Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy The post Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy appeared first on Weekly Real Estate News.

Ark Invest Chief Sees Major Gains for Crypto and Housing in New Mortgage Plan

Ark Invest CEO Cathie Wood says a new policy allowing crypto as mortgage collateral could transform homeownership for digital asset holders by removing a key barrier. New Mortgage Policy Could Bridge Crypto and Real Estate Worlds A proposed change in mortgage policy could open the door to homeownership for crypto-heavy investors. Ark Invest CEO Cathie... The post Ark Invest Chief Sees Major Gains for Crypto and Housing in New Mortgage Plan appea…

Ark Invest Chief Sees Major Gains for Crypto and Housing in New Mortgage Plan – Featured Bitcoin News

Ark Invest CEO Cathie Wood says a new policy allowing crypto as mortgage collateral could transform homeownership for digital asset holders by removing a key barrier. New Mortgage Policy Could Bridge Crypto and Real Estate Worlds A proposed change in mortgage policy could open the door to homeownership for crypto-heavy investors. Ark Invest CEO Cathie […]

Cathie Wood praised adding crypto in mortgage qualification