Coinbase and Better have funded the first Fannie Mae-backed mortgage using bitcoin or USDC as collateral for the down payment, allowing borrowers to keep their crypto holdings while securing a home loan. This new mortgage product combines a traditional home loan with crypto-backed financing and is supported by Fannie Mae, a major player in U.S. housing finance. The initiative follows federal moves to include cryptocurrency in mortgage risk assessments, marking a significant step for crypto's integration into mainstream finance. The product is now set for nationwide rollout, offering a new option for homebuyers with digital asset wealth.
In recognition of National Homeownership Month, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are advising prospective homebuyers to work with local community banks for guidance. They emphasize steps like securing...
Verizon Communications announced a quarterly dividend of 70.75 cents per share, maintaining the same rate as the previous quarter. The dividend will be paid on August 3, 2026, to shareholders recorded by July 10, 2026. Verizon highlighted its 20 cons...
Guidewire Software reported better-than-expected Q3 results with adjusted earnings of 82 cents per share and revenue of $372.54 million, surpassing analyst estimates. Subscription and support revenue rose 35%, while license revenue slightly declined ...
QBIX, LLC has rebranded as Northbank Technology Group, emphasizing its 23 years of Microsoft ERP expertise and a stronger focus on Microsoft Dynamics 365 Business Central. The company aims to help Northern California businesses modernize their financ...
The US Supreme Court unanimously ruled in favor of Hikma Pharmaceuticals, ending a patent infringement lawsuit filed by Amarin. The dispute involved Hikma's generic icosapent ethyl, a fish oil-based medicine for severe hypertriglyceridemia, which Hik...
