FHFA to Review Inclusion of Crypto Assets in Mortgage Applications
The Federal Housing Finance Agency (FHFA) will evaluate if cryptocurrency holdings should be considered in mortgage applications, according to Director Bill Pulte. The review will assess how assets like bitcoin might integrate into the income and wealth assessments used by Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
Pulte, who was appointed by President Trump, holds up to $1 million in both bitcoin and solana, along with investments in various companies.
Currently, Fannie Mae and Freddie Mac require that cryptocurrency assets be converted to U.S. dollars and held in a regulated financial institution to qualify for consideration.