Every Zipp story tagged #Mortgage, newest first.
Rehypothecation is the real story: Better can reuse borrowers' pledged BTC, leaving them holding an IOU rather than specific coins for the 30-year life of their mortgage.
Borrowers keep BTC price exposure but give up day-to-day control, and a forced sale after delinquency triggers a taxable event while the down-payment lender holds a second lien on the home.
Fannie Mae-conforming status matters: this is a mainstream mortgage product taking crypto as collateral, not a niche experimental offering, and a $260M waitlist suggests real demand behind the launch.
Coinbase and Better have jointly funded what they describe as the first bitcoin-backed mortgage in the United States…
CoinDesk
CryptoSlate
TheBlock