Crypto mortgage collateral concept with Bitcoin symbol over a modern home
Bitcoin News

Crypto Mortgage Collateral: Lummis Bill Aims to Revolutionize Homeownership for Young Americans with 36% Ownership Rate

Could cryptocurrency be the key to unlocking homeownership for young Americans? Senator Cynthia Lummis thinks so. Her new bill, the 21st Century Mortgage Act, aims to allow crypto as mortgage collateral, potentially transforming the housing market for digital asset holders. What Does the Lummis Bill Propose? The 21st Century Mortgage Act would require government-sponsored enterprises […]

Young couple reviewing Bitcoin and Ethereum prices for mortgage eligibility
Bitcoin News

Bitcoin News: Lummis Bill Revolutionizes Mortgage Eligibility with Digital Assets to Tackle 36.6% Homeownership Crisis

In a groundbreaking move, Senator Cynthia Lummis has introduced the 21st Century Mortgage Act, aiming to integrate Bitcoin and Ethereum into mortgage eligibility. This could be a game-changer for young Americans struggling with a 36.6% homeownership gap. Here’s what you need to know. What is the Lummis Bill and How Does It Impact Bitcoin News? […]