FHFA Orders Fannie Mae, Freddie Mac to Consider Crypto in Mortgage Assessments
U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte has directed Fannie Mae and Freddie Mac to explore integrating cryptocurrencies into mortgage risk evaluations. The June 25 mandate requires the government-sponsored enterprises to draft proposals acknowledging digital assets as reserve assets—without mandatory conversion to U.S. dollars.
The policy shift aligns with former President Trump's push to establish the U.S. as a global crypto hub. Only cryptocurrencies held on U.S.-regulated centralized exchanges will qualify under the new framework. "This marks a watershed moment for both crypto and housing finance," Pulte stated, framing the move as a strategic evolution for institutional adoption.