JiyaJan

08/16 11:37

Federal Housing Finance Agency Director William Pu

Federal Housing Finance Agency Director William Pulte Orders Crypto To Be Counted as an Asset for Mortgages

The regulator of the United States’ largest mortgage provider has ordered that cryptocurrencies be listed as mortgage assets. According to Federal Housing Finance Agency (FHFA) director William Pulte on the social media platform X, mortgage lending giants Fannie Mae and Freddie Mac have been told to “count cryptocurrency” as an asset in mortgage loan applications. “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.” Per the image of the order shared on the social media platform, the only digital assets that will count will be those held on a US-regulated crypto exchange. “U.S. .

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