A new directive from the Federal Housing Finance Agency (FHFA) proposes to include cryptocurrencies in the mortgage assessment process. This could significantly alter the financial approach to real estate in the country.
Concept of the New Policy
According to FHFA Decision No. 2025-360, two government-sponsored enterprises are to develop programs in which crypto assets will be considered without conversion to U.S. dollars in risk assessment for mortgage loans. This decision implies that cryptocurrency holders will be able to use their assets as part of their eligibility evaluation.
Expert Opinions on the Change
Real estate investor and government official Bill Pulte noted that this initiative aligns with former President Donald Trump’s ambition to make the U.S. 'the crypto capital of the world.' He emphasized that the new approach could enable more Americans to access homeownership. Cathie Wood, CEO of ARK Invest, also supported the initiative, stating that it could significantly enhance both the crypto market and the housing market.
Potential Implications for the Housing Market
The FHFA emphasizes that including cryptocurrencies in asset evaluations could provide lenders with a complete financial profile of borrowers, thereby improving access to credit for those with non-traditional assets. This decision marks a shift towards a more modern approach to mortgage lending, reflecting the changes taking place in the digital economy.
By considering cryptocurrencies in mortgage lending, the United States takes a step toward integrating digital assets into traditional financial systems, which may positively impact the housing and lending sectors.
