Fannie Mae Partners with Coinbase and Better Home & Finance to Pilot Bitcoin-Backed Mortgage Loans

Fannie Mae is partnering with Better Home & Finance and Coinbase to pilot mortgage structures that incorporate Bitcoin-backed loans for down payments. The model separates crypto exposure from Fannie Mae's balance sheet while allowing digital assets to support borrower qualification. The initiative enables Bitcoin holders to access home loans without selling their holdings, preserving long-term market exposure. However, the model introduces additional secured debt and relies on collateral management tied to crypto price volatility.