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New Trend: Cryptocurrency-Backed Mortgage Loans Grow
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The United States leads the adoption of cryptocurrency-backed mortgages, with fintechs such as Milo and banks such as JPMorgan and Goldman Sachs integrating crypto assets as collateral. A U.S. bill seeks that Fannie Mae and Freddie Mac consider cryptocurrencies as part of the applicant’s assets, expanding access to mortgage credit. The relationship between mortgage banks and customers using cryptocurrencies is undergoing a fundamental change. Un…
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