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Cryptocurrency
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Tech Pulse: ICE posts strong earnings; bill pushes unconverted crypto in mortgage
A new Senate bill would require Fannie Mae and Freddie Mac to factor in unconverted cryptocurrency when underwriting mortgages.
Senate bill would add unconverted crypto to mortgage underwriting equation
The 21st Century Mortgage Act directs Fannie Mae and Freddie Mac to account for digital assets without requiring conversion to U.S. dollars.
Tech Pulse: Lawmakers press FHFA on crypto for mortgages
Senators urging caution as the FHFA weighs unconverted cryptocurrency in mortgage underwriting is among this week’s top tech stories.
Senate Democrats press FHFA on crypto use in mortgages
Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.
Armando Falcon on the FHFA’s move toward crypto mortgages
Armando Falcon, chairman and CEO of Falcon Capital Advisors, shares how the GSEs can be prudent in piloting the use of crypto in mortgages.