The Web3 Wavefronts Podcast presented by www.theWeb3.News, brings you straight to the point of Web3, blockchain, crypto, and AI news. We deliver the essential updates and insights, stripping away the complexity to give you news that's easy to digest.
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Our Promise: To keep you informed with news that cuts to the chase. "Web3 Wavefronts" ensures you're updated on the latest in technology without the overload. Whether you’re deeply invested in these fields or just getting started, we make sure you get the news in a way that makes sense to you.
Stay Informed: With "Web3 Wavefronts," you stay ahead of the curve with news that matters, explained in a way that’s straightforward and quick to grasp.
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The Web3 Wavefronts Podcast presented by www.theWeb3.News, brings you straight to the point of Web3, blockchain, crypto, and AI news. We deliver the essential updates and insights, stripping away the complexity to give you news that's easy to digest.
What You Get:
Our Promise: To keep you informed with news that cuts to the chase. "Web3 Wavefronts" ensures you're updated on the latest in technology without the overload. Whether you’re deeply invested in these fields or just getting started, we make sure you get the news in a way that makes sense to you.
Stay Informed: With "Web3 Wavefronts," you stay ahead of the curve with news that matters, explained in a way that’s straightforward and quick to grasp.
Hosted on Acast. See acast.com/privacy for more information.
The Trump administration directed the FHFA to have Fannie Mae and Freddie Mac develop frameworks for including crypto assets in mortgage underwriting. The FHFA has instructed Fannie Mae and Freddie Mac to create standards for handling digital assets within their single-family credit models, defining how reserves are verified, liquidity is assessed, and value is discounted. Lenders would then use established risk assessment principles applied to other assets, focusing on documented ownership, stability of value, and ease of liquidation. Lawmakers are engaging with the FHFA director to discuss scope, consumer protection, and oversight. Fannie Mae and Freddie Mac will translate this policy into procedures, defining eligible digital assets, custody standards, reserve documentation, valuation sources, haircuts, and concentration limits, possibly beginning with limited-scope pilots and updated guidance.
Source: https://theweb3.news/policy/crypto-backed-mortgages-trump/
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