Cryptocurrency

Armando Falcon on the FHFA’s move toward crypto mortgages

It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages. With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are working to assess how cryptocurrency could be applied to mortgages. […]

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Beeline Title completes milestone crypto real estate deal

Beeline Title Holdings, a subsidiary of Beeline Holdings Inc., has closed what it says is one of the first residential real estate transactions funded through the sale of a cryptocurrency token backed by real property. The company described the deal as a milestone in merging decentralized finance with traditional title and escrow operations. Beeline executives

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Pulte pushes Fannie, Freddie to count crypto assets

Housing regulator Bill Pulte has instructed the two government-sponsored enterprises he oversees, Fannie Mae and Freddie Mac, to move toward recognizing crypto holdings without requiring conversion when assessing borrowers’ ability to repay, a move that could help bring digital currency further into the mainstream. He formally authorized this Wednesday and directed the GSEs to plan

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