Ledn Taps Hoseki for Bitcoin Proof-of-Asset Service Ahead of Mortgage Launch
Hoseki aims to provide a framework for bitcoin holders looking to leverage their BTC. Source
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Mortgage
Uncollateralized DeFi mortgage taken out on Austin condo via Teller
A new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores.The USDC.homes crypto mortgages platform issued its first crypto loan to an Austin resident who bought a $680,000 condo with a $500,000 loan
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Figure Technologies Reveals Crypto-Backed Mortgage Products
Blockchain lending startup Figure Technologies is to roll out mortgages fully backed by crypto of up to $20 million. Original Source
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Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake – Featured Bitcoin News
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman
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Crypto Has Parallels With Subprime Mortgage Crisis, Says Paul Krugman
Citing the recent slide that has seen over $1 trillion shed from the crypto market, Krugman wrote, "Who is being hurt by this crash, and what might it do to the economy? Well, I’m seeing uncomfortable parallels with the subprime crisis of the 2000s." Original Source
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Fintech Firm Milo To Provide Cryptocurrency Mortgage Services
More innovations keep springing up to fascinate and intrigue digital investors with increased cryptocurrency adoption. In line with that, Milo, a fintech startup based in Miami, introduced the first global crypto mortgage. Through the bank’s offer, digital investors have the opportunity of buying real estate in the U.S. by using their
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Second largest US mortgage lender UWM dumps Bitcoin payment plans
United Wholesale Mortgage (UWM), one of the largest wholesale and purchase lenders in the United States, is ditching Bitcoin (BTC) payment plans after running a test.UWM officially announced Thursday that the company has successfully conducted its first-ever cryptocurrency mortgage pilot, accepting five crypto payments in October and one in September.The
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Second Biggest Mortgage Provider in US Stops Accepting Crypto Payments
“As we said last quarter, we were going to look into accepting cryptocurrency and test it to see if it’s a faster, easier and cheaper solution,” the company’s CEO Mat Ishbia said in a press release. “Due to the current combination of incremental costs and regulatory uncertainty in the crypto
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Bacon Protocol launches decentralized mortgage platform
Decentralized mortgage lender Bacon Protocol officially launched on Tuesday, allowing cryptocurrency investors to participate in the housing market through a new stablecoin that’s backed by USD Coin (USDC) and home loans. In addition to launching its protocol, Bacon announced Tuesday that it is holding a public sale of bHome token, which
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New Blockchain Lab aims to modernize the mortgage industry
Global business provider Zventus announced a new blockchain initiative on Monday titled ‘Mortgage Blockchain Lab’. The proposal i meant to collate the resources of several mortgage experts, technology firms and academic institutions to collaborate on blockchain research and development focused on the mortgage sector. The California-based firm, whose product and service
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