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The order directs Fannie Mae and Freddie Mac to develop proposals that include digital assets — without requiring borrowers ...
Cryptocurrency holdings have traditionally not been considered in mortgage risk assessments unless the digital currency is converted to dollars, in which case it would be considered. Once the order is ...
Fannie Mae and Freddie Mac are government-backed enterprises that purchase mortgages on the secondary market, issue them as mortgage-backed securities (MBSs), and guarantee payments to investors.
NEW YORK (AP) — The U.S. stock market is rising toward the brink of another record. The S&P 500 was 0.5% higher in morning ...