CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinDesk 2025-06-24 08:45:18

U.S. Housing Regulator Could Let Crypto Be Considered in Mortgage Applications

The Federal Housing Finance Agency (FHFA) will study whether crypto holdings should count when Americans apply for a mortgage, Director Bill Pulte said on X . The review, will look at how assets, such as bitcoin BTC might fold into the income-and-wealth checks at Fannie Mae, Freddie Mac, and the 11 regional Federal Home Loan Banks, used to backstop most U.S. mortgages. Pulte's comment come as the U.S. becomes increasingly crypto friendly under President Donald Trump's rule. Pulte, was sworn in on March 14 after being nominated by Trump. Public filings show he owns as much as $1 million in both bitcoin and solana's SOL SOL, alongside stakes in crypto firm MARA Holdings, air conditioning firms, MrBeast Industries, and Elon Musk’s X among others. Currently, Fannie Mae and Freddie Mac require that cryptocurrency holdings be “exchanged into U.S. dollars and is held in a U.S. or state regulated financial institution” to be considered. Read more: U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.