US Housing Chief Orders Fannie Mae, Freddie Mac to Prepare for Crypto Assessment in Mortgages

In brief

  • The FHFA has instructed Fannie Mae and Freddie Mac to begin preparing to accept cryptocurrency as mortgage assets.
  • Director William Pulte framed the move as aligning with a broader vision of the Trump Administration.
  • The order sparked mixed reactions, with praise for innovation and criticism over restrictions on self-custody.

The U.S. housing market is bracing for a potential shakeup by the crypto industry.

On Wednesday, the Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to begin preparing to accept crypto as a form of mortgage-related payment.

The directive, announced on X by FHFA Director William Pulte, marks the first major move to incorporate digital assets into the federal mortgage system.

Fannie Mae and…

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