Democratic Senators Raise Concerns Over FHFA Crypto Order
Description
A coalition of high-ranking Senate Democrats is pushing back against Federal Housing Finance Agency (FHFA) Director William Pulte’s recent order that would allow mortgage lenders to utilize unconverted crypto in the underwriting process, according to a new letter sent to the investment firm founder. Senators Raise Red Flags Over Crypto Mortgage Lending According to the July 25 letter , U.S. lawmakers Jeff Merkley, Elizabeth Warren, Bernie Sanders, Chris Van Hollen, and Mazie Hirono claim the mov...
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