- FHFA Director Bill Pulte told Fannie Mae and Freddie Mac to explore treating cryptocurrency as a mortgage asset.
- Only crypto stored on US-regulated exchanges would qualify.
- The change could help more crypto holders qualify for home loans.
- Fannie and Freddie must create proposals, which need board and FHFA approval.
A Push Toward Change
Federal Housing Finance Agency Director Bill Pulte has told Fannie Mae and Freddie Mac to consider crypto assets in mortgage lending, per Bloomberg. In a post on X, he said both groups must get ready to treat cryptocurrency as part of a borrower’s financial picture.
“Today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage,” Pulte wrote.
Not All Crypto Counts
Only crypto held on US-regulated, centralized exchanges will qualify. These platforms follow US laws and offer more safety than offshore or unregulated sites. That rule helps reduce risks like fraud and sharp price swings.
Get Smarter about what matters in CRE
Stay ahead of trends in commercial real estate with CRE Daily – the free newsletter delivering everything you need to start your day in just 5-minutes
Why It Matters
This shift could make it easier for people with digital assets to buy homes. Many younger buyers store their wealth in crypto instead of banks or retirement accounts. Recognizing crypto as an asset would give them more options during the loan process.
What’s Next
Fannie and Freddie must now create plans that show how this idea could work. Their boards and the FHFA must approve any changes before they take effect. There’s no clear timeline yet, but this is a step toward bringing crypto into the mortgage world.
