Federal Agency Recognizes Crypto in Mortgage Applications

William J. Pulte, Director of the Federal Housing Finance Agency, ordered Fannie Mae and Freddie Mac to consider applicants’ crypto holdings in mortgage assessments.

Recognizing crypto holdings in mortgage processes could broaden access to home financing and illustrate growing acceptance of digital assets.

The Federal Housing Finance Agency, led by Director William J. Pulte, has directed Fannie Mae and Freddie Mac to consider applicants’ cryptocurrency holdings when assessing mortgage risk. This includes crypto assets only on U.S.-regulated exchanges, excluding self-custody or DeFi coins.

“After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.”

The policy aims to increase mortgage eligibility for crypto holders, using properly documented assets on regulated U.S. platforms. William J. Pulte’s recent directives reflect his goal to align federal actions with a pro-crypto economic strategy.

Key impacts include a surge in Bitcoin’s value, exceeding $107,000 following the news. This change may lead to increased liquidity shifts towards U.S. regulated exchanges as holders seek to benefit from these new guidelines.

The financial implications suggest a significant broadening of asset bases for mortgage applicants, especially those prioritizing crypto investments. However, this does not apply to DeFi-held or internationally stored coins.

Experts predict potential for broader regulatory acceptance and increased technological integration within financial systems as crypto’s role in mainstream finance evolves. Historically, traditional underwriters required liquidation of digital assets, but this precedent signals a shift towards embracing digital currencies in asset management.