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Tech Pulse: Lawmakers press FHFA on crypto for mortgages

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:

Senate Democrats press FHFA on crypto use in mortgages

Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting. Citing volatility, security and ethical concerns, the lawmakers warn such a move could destabilize housing markets. Pushback follows FHFA Director Bill Pulte’s social media remarks signaling openness to crypto-backed mortgage assets.

Has the real estate portal landscape changed after all the details ⇒

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