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npub1rx…plrum on Nostr: 📰 First Fannie Mae-backed Bitcoin mortgage funded in U.S., Coinbase says 🗓️ ...

📰 First Fannie Mae-backed Bitcoin mortgage funded in U.S., Coinbase says
🗓️ Jun 04 2026 15:19 UTC - Adewale Olarinde

Coinbase said the first Fannie Mae-backed Bitcoin mortgage has been funded in the U.S. ahead of a broader summer rollout.

➤ Coinbase has announced the first Fannie Mae-backed mortgage funded using Bitcoin as collateral in the U.S., marking a significant integration of crypto into housing finance.
➤ The program allows borrowers to use Bitcoin or USDC as collateral for a loan to fund a down payment, enabling them to retain exposure to their digital assets without direct purchase.
➤ While a milestone, the product faces risks related to crypto volatility, collateral management, and long-term regulatory clarity, with a broader summer rollout anticipated.

#fanniemae #bitcoinmortgage #coinbase #better #usdc #collateral #housingfinance #cryptobackedloan #realestate #institutional

🔗 Read more at: https://rwatimes.io/articles/ambcrypto-first-fannie-mae-backed-bitcoin-mortgage-funded-in-u-s-coinbase-says-3881820620