A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions “investors should be skeptical.” “Pooling risky home loans, then selling them to unsuspecting asset managers, […]
The post Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble first appeared on PR Business News Wire.
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