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Fannie Mae Boosts a Bitcoin-Backed Mortgage Across the United States
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Coinbase and Better completed the first Fannie Mae-backed mortgage that uses bitcoin as collateral, a step that could take this model to home buyers across the United States. *** Coinbase and Better financed the first compliant mortgage supported by Fannie Mae and linked to bitcoin collateral. Qualified borrowers will be able to offer bitcoin or USDC to support the down payment without liquidating their holdings. The announcement coincides with …
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