Federal Housing Finance Agency (FHFA) director Bill Pulte has directed Fannie Mae and Freddie Mac to develop proposals for including cryptocurrency holdings in mortgage risk assessments, a move aimed at expanding access to homeownership and aligning with President Donald Trump’s pro-crypto agenda.
“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,” Pulte wrote in a June 25 post on social media, sharing his signed directive.
