The Federal Housing Finance Agency (FHFA) has announced a new approach to mortgage underwriting, allowing cryptocurrencies to be considered as assets.
FHFA's Cryptocurrency Initiative
FHFA Director William J. Pulte has initiated preparations for Fannie Mae and Freddie Mac to include cryptocurrencies in the mortgage underwriting process. Announced on June 25, 2025, this decision could lead to significant changes in the housing market in the U.S.
Cryptocurrency Assessment Criteria
FHFA requires Fannie Mae and Freddie Mac to develop internal risk assessment frameworks that incorporate the volatility of cryptocurrencies. Only those assets held on regulated exchanges in the U.S. and verifiable through documentation will be considered.
Impact on the Mortgage Market
This decision will broaden access to homeownership for crypto holders who were previously unable to secure mortgages due to the unregulated status of their assets. It also lays the groundwork for future policy modifications that could set a precedent for greater acceptance of cryptocurrencies in finance.
In conclusion, the FHFA's directive marks a crucial step towards integrating cryptocurrencies into mainstream mortgage lending, reflecting evolving financial realities and increasing regulatory openness in the U.S.
