Better and Coinbase‘s partnership has brought crypto-backed mortgages into the mainstream, but opportunity still remains for lenders who have been slow to embrace digital assets. Processing Content Just 8.6% of mortgage inquiries on Sypher Capital Management’s Borrow on Bitcoin platform proceeded to a mortgage lender, a significant decline from the 29.6% recorded on general bitcoin-backed […]

Sales of previously owned homes in the US slowed last month to their weakest pace in more than a year, as would-be buyers waited for relief on mortgage rates before purchasing. Processing Content Contract closings slipped 2% to an annualized rate of 3.98 million in August, data released Thursday by the National Association of Realtors

Key insight: The Federal Reserve Board and Federal Reserve Vice Chair for Supervision Michelle Bowman are being sued over the agency’s handling of the notice-and-comment rulemaking process for its latest Basel III capital proposal.  Expert quote:  “The APA’s fundamental purposes, including ensuring that the public has a meaningful opportunity to participate in the rulemaking process