๐ข ๐๐๐๐ ๐๐: Better and Coinbase Complete First U.S. Bitcoin-Backed Mortgage Eligible for Fannie Mae - $Better Home & Finance(BETR.US) $Coinbase(COIN.US)
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค Better and Coinbase complete first ๐๐ข๐ญ๐๐จ๐ข๐ง-๐๐๐๐ค๐๐ U.S. mortgage eligible for Fannie Mae backing.โค Borrowers can pledge ๐๐ข๐ญ๐๐จ๐ข๐ง and ๐๐๐๐ as collateral without selling assets.โค First loan closed for homebuyers in ๐๐ง๐ง ๐๐ซ๐๐จ๐ซ, ๐๐ข๐๐ก๐ข๐ ๐๐ง.โค Product expected to launch ๐ง๐๐ญ๐ข๐จ๐ง๐ฐ๐ข๐๐ for qualified borrowers by summer 2026.โค Structure helps borrowers avoid ๐๐๐ฉ๐ข๐ญ๐๐ฅ ๐ ๐๐ข๐ง๐ฌ taxes from asset liquidation.โค Coinbase provides ๐๐ฎ๐ฌ๐ญ๐จ๐๐ฒ, compliance, and risk-management infrastructure.โค Companies plan to expand support to additional ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ฌ๐ฌ๐๐ญ๐ฌ over time.๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โThe 30-year fixed mortgage was designed for a generation that kept its savings in a bank account and built equity through a single employer,โ said Vishal Garg, Founder and CEO of Better.โThatโs not the financial reality of millions of qualified buyers today that are building real wealth in digital assets.โโTens of millions of Americans have built real wealth in digital assets,โ said Mark Troianovski, Head of Consumer and Platform Partnerships at Coinbase.โThat wealth now has a direct path to homeownership.โThe copyright of this article belongs to the original author/organization.
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