Crypto could be used as an asset for mortgage in 2025: Here’s why
- The FHFA instructed mortgage firms Fannie Mae and Freddie Mac to consider accepting cryptocurrency as mortgage assets.
- Director William Pulte claims that the move aligns with President Trump’s plan to make the US a leader in crypto.
- With the directive, institutions could consider crypto holdings in risk assessments when customers apply for mortgage.
Federal Housing Finance Agency (FHFA) Director William Pulte ordered federal mortgage firms Fannie Mae and Freddie Mac to begin considering cryptocurrency in risk assessments when issuing mortgages to customers.
FHFA orders federal mortgage firms to begin considering crypto
The United States (US) FHFA has directed Fannie Mae and Freddie Mac to consider integrating crypto…
