Better, Coinbase fund Fannie Mae-backed bitcoin mortgage
Better Home & Finance Holding Co. and Coinbase have funded what the companies say is the first Fannie Mae-backed mortgage in the U.S. that uses bitcoin as collateral, marking a new step in the integration of digital assets into mainstream housing finance. The companies announced Thursday that they p
Homeowners have record equity and won’t touch it. Loan data explains why
American homeowners are sitting on $17 trillion in equity. The average mortgaged borrower holds $295,000. By any historical standard, these are people with options. And yet, when a $14,000 roof replacement or HVAC failure hits, a growing share of them won’t tap a single dollar of that equity. Borrow
Who can buy a top-20 builder now? Berkshire resets board calculus
Berkshire Hathaway‘s planned acquisition of No. 6-ranked homebuilder Taylor Morrison begs big follow-on questions. These mostly spring from who this particular buyer is and the moment they have chosen. One way or another, these follow-up questions may prompt homebuilding leaders to revisit a core im
Social Security, Medicare solvency could be examined by bipartisan commission
Legislation under consideration in Congress would create a bipartisan commission of experts tasked with developing long-term reform options for Social Security and Medicare. Rather than advancing immediate policy changes, the panel would study the financial outlook for the programs and submit recomm