Key Insight: Fed Vice Chair for Supervision Michelle Bowman said she wants banks to have an even playing field with nonbanks when it comes to holding digital assets, though stressed this should be done in a way that promotes safety and soundness. Expert quote: “We want to make sure [banks are] engaging in a way that separates […]
Fed’s Bowman seeks level field for banks on digital assets Read More »
This month, we secured underwriting approval on one of the most unique loans I’ve ever worked on: a $4 million non-QM mortgage using crypto asset depletion to qualify. The borrower? A first-time homebuyer buying an $8 million home. But this deal didn’t start with a win. One of the nation’s biggest banks denied him a
I closed a $4M crypto asset depletion loan Read More »
While it may seem that the real estate industry is constantly overwhelmed by new technology tools, the most popular tool among Realtors remains eSignature, according to the National Association of Realtors’ (NAR) 2025 Technology Survey released Thursday. NAR’s data showed that 79% of survey respondents use eSignature, closely followed by the 75% who reported using
NAR Technology Survey finds AI gaining traction with Realtors Read More »
Angel Garcia/Bloomberg The Trump administration has made efforts during its first eight months back in office to legitimize cryptocurrency in the U.S. economy, and Linkhome Holdings is getting ahead of the curve. The AI-powered real estate company launched a platform that allows buyers to purchase property with cryptocurrency, it announced in a press release Monday.
Real estate company launches crypto-based platform Read More »
Mortgage correspondent lender LitFinancial has launched a stablecoin on an Ethereum blockchain with the initial aim of improving its treasury efficiency and reducing its cost of capital. Lit, based in Troy Michigan, is working with Brale, a stablecoin-as-a-service platform, and Stably, a stablecoin advisory firm, on the new token which is named litUSD. Brale is
LitFinancial turns to crypto for mortgage funding Read More »
Figure Technology Solutions started trading as a public company and the first moves were substantially higher, according to information on Yahoo Finance. The company priced its offering at $25 per share on Wednesday evening. Early trades, starting around 12:30, put the stock in a range between $32 and $37 per share, with an opening price
Figure Technology goes public, opens at $36 per share Read More »
Mortgage lending fintech LitFinancial announced on Wednesday the launch of litUSD, a U.S. dollar-backed stablecoin built on the Ethereum blockchain in partnership with Brale and Stably. The company said the token is designed to “modernize” mortgage lending, streamline treasury operations and increase transparency in mortgage finance. It also complies with the federal GENIUS Act, a
LitFinancial introduces stablecoin to ‘modernize’ mortgage lending Read More »
Andrew Harrer/Bloomberg Two consumer groups are urging Federal Housing Finance Agency Director William J. Pulte to abandon his directive that Fannie Mae and Freddie Mac explore counting cryptocurrency holdings as reserves in single-family mortgage underwriting. In a letter sent Thursday, the Consumer Federation of America and the National Consumer Law Center said the move, which
Consumer groups urge FHFA not to mix crypto with mortgages Read More »
WASHINGTON — The Trump administration upped its rhetoric on debanking again on Tuesday, this time targeting banks themselves rather than their regulators. President Donald Trump once again took aim at two of the country’s largest banks, JPMorgan Chase and Bank of America, and their chief executives, for what he framed without evidence as discrimination against
Trump changes tone on debanking, lays more blame on banks Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: ICE posts $851M profit in Q2 2025, raises revenue guidance Intercontinental Exchange reported $851 million in net income for the second quarter and a return to profitability in
Tech Pulse: ICE posts strong earnings; bill pushes unconverted crypto in mortgage Read More »