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Grant Cardone Says He Hides Bitcoin From Fannie Mae
Original: Grant Cardone Says He Never Tells Fannie Mae About The Bitcoin In His Real Estate Deals: ‘It’s Just Too Much’
Real estate investor Grant Cardone says he does not disclose the bitcoin involved in his real estate deals to Fannie Mae, saying reporting it is 'just too much'. The remark, made in comments picked up by Yahoo Finance, has drawn attention because Fannie Mae finances a large share of US mortgages, and undisclosed crypto holdings raise questions about how lenders assess borrowers' assets.
Why now: The disclosure touches on growing friction between mainstream mortgage finance rules and investors' increasing use of cryptocurrency.
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- Grant Cardone Says He Never Tells Fannie Mae About The Bitcoin In His Real Estate Deals: ‘It’s Just Too Much’ · Yahoo Finance
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