Michigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the digital dollar movement is expanding beyond crypto natives.The firm said it…
American Senator Cynthia Lummis officially introduced the 21st Century Mortgage Act, a groundbreaking legislation that would require government-sponsored enterprises to consider cryptos when assessing eligibility for single-family mortgage loans. …
Wyoming Senator Cynthia Lummis has introduced a law that could codify an order from a US housing regulatory agency for mortgage purchasers to consider digital assets in applications.In a Tuesday…
U.S. Senator Cynthia Lummis (R-WY) is introducing a mortgage reform bill to recognize crypto assets in home loan eligibility assessments. The 21st Century Mortgage Act will require government-sponsored enterprises to…
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Today, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to include Bitcoin and other cryptocurrencies in their mortgage risk assessments.This historic policy shift signals the US…
The U.S. Federal Housing Finance Agency (FHFA), which oversees mortgage giants Fannie Mae and Freddie Mac, has directed them to develop a proposal to treat crypto as an eligible asset for…
US home mortgage purchasers Fannie Mae and Freddie Mac will count cryptocurrencies as assets in their risk assessments for single-family home loans, marking a significant step toward the mainstream acceptance…
The United States Federal Housing Finance Agency (FHFA) will study whether cryptocurrency holdings could be considered in mortgage qualification assessments.In a Tuesday X post, US FHFA Director William Pulte —…
In brief
The FHFA will examine the impact of crypto holdings on mortgage qualifications in the U.S.
A Trump donor and meme stock investor, Pulte has long supported digital assets, holding investments…