Better Mortgage And Coinbase Launch Token-Backed Mortgage Product
These first-of-its-kind mortgages will be originated and serviced by Better, powered by Coinbase, and designed in accordance with guidelines from Fannie Mae, making the first lien a standard, conforming mortgage.As part
Better and Coinbase created a new type of mortgage that uses cryptocurrency tokens, but it's still a regular mortgage that follows all the normal rules. This shows these companies are trying new ideas, so watch if customers actually want this or if it runs into problems.
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