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Mortgage underwriting

The process a lender uses to decide if a borrower is eligible for a home loan, including checking their credit, income, assets, and the value of the home.

Cryptocurrency exchange

A platform where users can buy, sell, or trade digital currencies like Bitcoin or Ethereum for other cryptocurrencies or traditional money.

Digital asset

Any representation of value that exists in a digital form and is recorded on a secure, distributed computer network (like a blockchain).

Covered agency

Specific government departments or agencies responsible for housing and mortgage programs, such as HUD, USDA, VA, and FHFA.

Brokerage account

An investment account used to hold and trade various financial assets, in this case, specifically associated with a cryptocurrency exchange.

Distributed ledger

A decentralized database that is shared and synchronized across multiple computer networks, often used as the underlying technology for cryptocurrencies.