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How crypto is creeping into the home mortgage market

From sherwood.news

The idea of buying real-world real estate with crypto had, for some, become a concept consigned to the digital investment hype pile, viewed with skepticism alongside NFTs and metaverse real estate. But shifts in financial regulation during the opening months of the second Trump administration, like the passing of the GENIUS Act, and the growth of new crypto-focused firms offering personal loans, such as Ledn, is making it more likely cryptocurrency will become a part of the mortgage market. On June 30, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac, two government housing finance ... (full story)

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  • Category: Fundamental Analysis