Trump & Crypto: Federal Mortgage Asset?
- In a significant policy shift,the Federal Housing Finance Agency (FHFA) has instructed Fannie Mae and Freddie Mac to include cryptocurrency assets in their single-family mortgage loan risk assessments.
- The order requires the housing finance giants to develop proposals that allow borrowers to use digital assets as collateral without needing to convert them to U.S.
- Pulte stated on X,formerly Twitter,that this initiative supports President Donald Trump's vision of establishing the United States as the "crypto capital" of the world.
Teh FHFA has directed Fannie Mae and Freddie Mac too consider cryptocurrency assets in single-family mortgage loan risk assessments,a pivotal moment integrating crypto into U.S. housing finance. This initiative allows borrowers to use digital assets as collateral without converting to U.S. dollars, a meaningful move to address past exclusions. This action aligns with President Trump’s vision of establishing the U.S. as a “crypto capital,” reflecting increasing acceptance of cryptocurrency. Digital assets must be held on U.S.-regulated exchanges. Stay informed of developments with News Directory 3,as the industry adapts. Discover what’s next regarding the future of home lending.
Fannie,Freddie to Consider Cryptocurrency for Mortgage Risk
Updated June 27,2025
In a significant policy shift,the Federal Housing Finance Agency (FHFA) has instructed Fannie Mae and Freddie Mac to include cryptocurrency assets in their single-family mortgage loan risk assessments. The directive, issued Wednesday by FHFA Director William J. Pulte, marks a major step in integrating crypto into the U.S.housing finance system and the broader landscape of cryptocurrency adoption.
The order requires the housing finance giants to develop proposals that allow borrowers to use digital assets as collateral without needing to convert them to U.S. dollars before closing on a loan. This move addresses a ancient barrier, as cryptocurrency has ofen been excluded from underwriting due to its volatility and regulatory uncertainties.
Pulte stated on X,formerly Twitter,that this initiative supports President Donald Trump’s vision of establishing the United States as the “crypto capital” of the world. The decision reflects the increasing acceptance of cryptocurrency across various sectors, including banking, payments, and federal policy.
The FHFA directive specifies that only digital assets held on U.S.-regulated, centralized exchanges with verifiable reserves will be considered. Fannie Mae and Freddie Mac must also develop internal adjustments to account for market volatility and ensure that risk-weighted reserves do not compromise underwriting standards.
Both enterprises are required to submit their assessment proposals to their boards of directors for approval, followed by a final review by the FHFA. Fannie Mae and Freddie Mac have been under government control since September 2008.
What’s next
the proposals from Fannie Mae and Freddie mac will be closely watched as the industry adapts to this new landscape. The integration of cryptocurrency into mortgage risk assessments could open new opportunities for borrowers and reshape the future of home lending.