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According to Cointelegraph, Coinbase has partnered with Better Home&Finance to launch a token collateralized housing down payment loan service this summer, allowing eligible borrowers to use Bitcoin or USDC as collateral to pay down on Fannie Mae backed mortgages. Vishal Garg, CEO of Better, stated that this move aims to help homebuyers who have repayment ability but whose wealth is not in the traditional system cross the down payment threshold. The Federal Housing Finance Agency has requested that Fannie Mae and Freddie Mac include cryptocurrency assets in their mortgage risk assessments without the need to convert them into legal tender.