Mortgage lenders are advancing towards using cryptocurrencies for mortgage funding. Beeline Holdings is working on a platform that converts crypto into U.S. dollars at closing, necessitating collaboration with title companies familiar with blockchain. Their initiative includes Beeline Loans Inc. launching a national platform for crypto-backed mortgage funding by August 2025. This will enable lenders to access essential reconciliation and compliance tools. This shift is further supported by the Federal Housing Finance Agency's recent directive for Fannie Mae and Freddie Mac to consider cryptocurrencies as assets for mortgage transactions.
Several mortgage lenders are already developing funding models that involve the conversion of cryptocurrencies to U.S. dollars at closing.
For these models to function at scale, you need a title company that not only understands blockchain transactions but has the infrastructure to disburse and reconcile them.
Collection
[
|
...
]