The US opens to the possibility of mortgages backed by Bitco…
Atlas21 (Newsroom)The Trump administration could soon open the doors to cryptocurrencies in the American mortgage sector.
The Federal Housing Finance Agency (FHFA) has officially directed Fannie Mae and Freddie Mac — government-sponsored enterprises that purchase and guarantee mortgage loans — to evaluate the use of cryptocurrencies as assets for mortgage transactions.
On June 25, FHFA Director William Pulte formally requested that Fannie Mae and Freddie Mac “develop a proposal for the consideration of cryptocurrencies as reserve assets within their respective risk assessments for single-family mortgage loans.”
Pulte stated:
“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.“
The role of Fannie Mae and Freddie Mac
Created by Congress, Fannie Mae and Freddie Mac play a crucial role in providing liquidity and stability to the mortgage market by purchasing home loans from lenders. Their potential acceptance of cryptocurrencies as collateral could mark a turning point for millions of Americans holding digital assets.
Under the new order, government-sponsored enterprises must consider only crypto assets that can be verified and held on US-regulated centralized exchanges operating within appropriate legal frameworks.
As early as June 24, Pulte had hinted on X that the FHFA would be exploring the use of cryptocurrency holdings “in relation to mortgage qualification.”
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