BREAKING: FHFA Chief Bill Pulte Directs Fannie & Freddie to Accept Crypto for Mortgages—Game Changer or Gamble?
Wall Street's sleeping giants just got a crypto wake-up call. The Federal Housing Finance Agency (FHFA) is forcing mortgage titans Fannie Mae and Freddie Mac to stare down the blockchain.
Digital collateral enters the housing market
FHFA Director Bill Pulte dropped the hammer today—no more ignoring Bitcoin and Ethereum as potential mortgage assets. The move could flood real estate with crypto liquidity... or leave lenders holding the bag when the next 'stablecoin' collapses.
The fine print
No details yet on which coins make the cut (Dogecoin mortgages, anyone?), but the directive puts crypto squarely in play for America's $12T housing debt market. TradFi bankers are already sweating through their bespoke shirts.
One thing's certain—when regulators start chasing crypto's siren song, either fortunes will be made or fingers will be pointed. Probably both.
FHFA To Consider Crypto As Mortgage Asset, Bill Pulte Says
According to a June 25 X post from Pulte, the two government-sponsored enterprises will prepare a proposal considering “cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments” without first being converted to U.S. dollars.
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.
SO ORDERED pic.twitter.com/Tg9ReJQXC3
However, only cryptocurrencies stored on a U.S.-regulated centralized exchange WOULD be considered by the government agency.
“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,” Pulte said.
“Today is a historic day in the cryptocurrency industry and the mortgage industry, whereby Fannie Mae and Freddie Mac are now positioned to involve Cryptocurrencies in Mortgages,” he added. “Thank you President TRUMP for making the USA the crypto capital of the world!”
Crypto Advocates Celebrate Mainstream Adoption Win
Following the news, several key players across the digital asset industry celebrated the FHFA’s latest move.
Strategy founder Michael Saylor took to social media to praise Pulte’s decision, calling it a “defining moment for institutional BTC adoption and collateral recognition.”
“A truly historic day,” Saylor said. “The U.S. mortgage industry leads—and the global banking system will follow.”
Blockchain real estate company Propy also hailed the FHFA’s crypto consideration, labeling it a “huge step forward for crypto adoption in real estate.”
“Regulators are moving,” a Wednesday afternoon X post from Propy’s official account reads. “Markets are watching.”
With over 55 million Americans owning digital assets, it may only be a matter of time before crypto begins to play a mainstream role in unlocking access to homeownership.
