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A group of democratic senators asked Federal Financial Agency’s head (fhfa), William of the counter, To explain their recent decision to explore if cryptocrenrenity can be used in mortgage approval. I am
In a Letter sent on 25th JulySenators asked for more details about how this plan would be working and what risks can create for the US approach Market. Putter has been asked to answer the 7th August. I am
The Senators, Jue Merkley, Elizabeth Warren, Brieper, Bern the sanders, and Bernie songrs, the impact of crysters without converting to dollars.
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The June 25, the duty waste Mas fannie and freddie mac To come with a way to include crypto in their loan risk assessments for single family homes.
Moes mas and fredddie mac, both excessive from fhfa since the 2008 financial crisis, currently Do not allow the cipher to be part of the mortgage decisions unless it is first in American dollars. I am
Senators have supported that The history of the price crypto and limited liquidity could put loans in more risk. I am If the value of a dyclantal asset or if it cannot be converted easily in cash, the casioners can fight to look at their loan payments.
Another issue has raised was the possibility of personal influence or policy. I am The plaintiff mentioned President Donald Trump’s members have Crypto’s projects, including tokens, ministers and digitals. They say this connection could affect the direction of proposals made by fannie Mae and Freddie Mac.
Senators also noticed that the pulte Spouse keeps as much as $ 2 million in CryptoAccording to the financial discloses. They say this could create a conflict of interestespecially the plate they also go out the two-companies of mortgaries.
The rear-time organizations trade trump to support open bank rules that leave users of their financial data with apps? Read the full story. I am
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