FIRST FANNIE MAE BITCOIN-BACKED MORTGAGE IS LIVE
Better and Coinbase have issued the first Fannie Mae-backed Bitcoin mortgage, allowing a Michigan couple to use their Bitcoin as collateral for a conv...
Worth flagging: Better isn't custodying the BTC. Coinbase Prime is. So it's really a three party setup wrapped in conforming loan clothing. The Fannie Mae blessing is the real unlock, not the rate. Curious what LTV cap they land on.
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