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Rate will consider crypto, stablecoins in underwriting

Retail giant Rate is embracing cryptocurrency and stablecoins for prospective home buyers, who accumulated wealth in the digital assets.  Processing Content The Chicago-based lender is rolling out RateFi, a product allowing buyers to access purchase, refinance, second-home and investment property loans, without liquidating their crypto or stablecoin. The offering is Rate’s first step in a

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State bill could end tax break for large digital lenders

A proposed Washington State bill that aims to replenish lost wildfire prevention funding could end up removing a tax break currently benefiting large digital lenders.  Processing Content Rep. Shaun Scott, a Democrat from the Seattle area, introduced state house bill 2089 to redefine existing regulations and limit the types of companies that could take advantage

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