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Fannie Mae, Freddie Mac Ordered to Consider Crypto as Asset

Crypto News

Fannie Mae and Freddie Mac have been ordered to consider cryptocurrency as an asset for single-family mortgage loan risk assessments.

U.S. Federal Housing FHFA Director William J. Pulte said in a Wednesday (June 25) post on X that he ordered the organizations to do so.

“After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage,” Pulte said in the post.

In the order attached to the post, Pulte said he ordered the change because cryptocurrency may offer an opportunity to build wealth outside of the stock and bond markets,…

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