Coinbase and Better Launch Crypto-Backed Mortgages With Fannie Mae Backing
Borrowers can pledge Bitcoin or USDC as down payment collateral without triggering a taxable event. Coinbase and Better Home & Finance announced a partnership on Thursday to offer token-backed mortgages. The product aims to expand access to homeownership while carrying the same Fannie Mae backing as other conforming mortgages. Qualifying Americans can now pledge Bitcoin…