OTCPK:FNMADiversified Financial
Fannie Mae Crypto Mortgages Put Valuation Gap In Fresh Focus
Fannie Mae, or Federal National Mortgage Association (OTCPK:FNMA), is moving to accept cryptocurrency collateral for conforming mortgages.
The company is partnering with Better Home & Finance and Coinbase to support Bitcoin and USDC stablecoins in a new mortgage product.
The shift follows regulatory changes that now allow crypto assets as reserves for certain federally backed housing finance activities.
The new product includes features such as no margin calls and potential lender credits...