AI vs Affordability And Rates

Fannie Mae Set To Accept Crypto As Collateral For Home Loans For First Time Fannie Mae, the giant government-backed mortgage securitizer, is preparing to accept cryptocurrency as collateral for home loans for the first time, marking a further step in the integration of digital assets into traditional U.S. housing finance, according to the Wall Street Journal. Mortgage lender Better Home & Finance Holding Co. and crypto exchange Coinbase are teaming up to allow home buyers to pledge Bitcoin or the USDC stablecoin to secure a down payment on a Fannie Mae-conforming...

Another Wall Street Giant Is Plotting Its Escape From Mamdani's New York City: Report It looks like Citadel isn’t the only Wall Street giant looking for the exits as New York City Mayor Zohran Mamdani (D) continues his commie Robinhood thing on the city’s richest. Fox Business Network’s Charles Gasparino reported Wednesday that the Manhattan-headquartered private equity giant Apollo is preparing to establish what insiders describe as a “second headquarters” in either Florida or Texas. A formal announcement on the location is expected within weeks. The move would build on Apollo’s earlier...

Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks The 10am slam in bitcoin, which we documented virtually every days since 2024 may have ended once Jane Street got busted for insider trading in the Terraform collapse, but that doesn't mean that the Wall Street HFT trading giant slowed down. On the contrary: according to Bloomberg, Jane Street Group reeled in a Wall Street record $39.6 billion of trading revenue last year, more than any Wall Street bank. According to the report,...