Crypto Contagion Spills Into Mortgage Lenders Silvergate and Signature  

Two cryptocurrency-sector banks have turned to the federal mortgage system to ease customer withdrawals. Silvergate Capital and Signature Bank have borrowed billions from Federal Home Loan Banks, the system created to back mortgage lending during the Great Depression, The Wall Street Journal (WSJ) reported Saturday (Jan. 21).

https://www.pymnts.com/cryptocurrency/2023/crypto-contagion-spills-into-mortgage-lenders-silvergate-and-signature/?SNAPI