BREAKING: US Housing Chief Directs Fannie & Freddie to Evaluate Crypto in Mortgage Markets
Fannie Mae and Freddie Mac just got their marching orders—crypto’s knocking on the door of the US housing market.
The mandate:
The Federal Housing Finance Agency (FHFA) is forcing the mortgage giants to assess how digital assets could shake up home lending. No more kicking the can down the road—regulators want answers.
Why it matters:
If crypto collateral enters the mortgage game, it could rewrite the rules of homeownership. Or, more likely, create a fresh layer of bureaucratic chaos for lenders already drowning in paperwork.
The cynical take:
Nothing says ‘stable housing market’ like volatile assets backing 30-year loans—just ask the 2008 subprime mortgage ghosts still haunting Wall Street.