Crypto Set to Factor Into US Mortgages
In a significant move for the U.S. housing finance system, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments. This directive, signed by FHFA Director William J. Pulte, signals a new era of crypto integration into traditional financial infrastructure. Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) that were put under government control in September 2008. These entities play a vital role in the housing market.
The order directs both housing finance giants to develop proposals that include digital assets, without requiring borrowers to liquidate them into U.S. dollars prior to a loan…
