Bitcoin norm-shattering American mortgage push


If adopted, the policy would mark one of the most practical use cases for crypto yet: bringing it into the architecture of the American dream. — Bloomberg

What was once dismissed as a fringe fantasy by a niche band of crypto believers is now being tentatively examined by the government-sponsored entities at the core of the US housing market.

In late June, federal officials directed Fannie Mae and Freddie Mac to study whether digital assets held on US regulated exchanges might someday be factored into mortgage risk assessments – the process lenders use to determine whether a borrower has the financial clout to make good on their debt.

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