Today, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to include Bitcoin and other cryptocurrencies in their mortgage risk assessments.This historic policy shift signals the US government’s growing recognition of digital assets in mainstream financial systems.
“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,” stated the Director of the U.S. Federal Housing FHFA William J. Pulte on X.
Until now, Bitcoin has not typically been considered in the mortgage risk assessment process unless it was first converted into US dollars. Under the new directive, however, the FHFA acknowledges that digital assets, when properly documented, can serve as valid indicators of a borrower’s financial reserves.
The directive instructs Fannie Mae and Freddie Mac to develop proposals for incorporating Bitcoin and cryptocurrencies into single-family loan assessments without requiring conversion to cash. Only Bitcoin and other crypto assets stored on US regulated centralized exchanges and compliant with applicable laws will be considered.
The FHFA believes this move will help the Enterprises assess a broader range of borrower assets and better support sustainable homeownership for creditworthy borrowers, especially those with wealth held outside traditional banking systems.
Additionally, the Enterprises are required to factor in the volatility of Bitcoin and other crypto markets by including appropriate risk mitigants in their assessments. These may include internal adjustments for price fluctuations and limits on the proportion of reserves held in Bitcoin and other crypto.
“Today is a historic day in the cryptocurrency industry and the mortgage industry, whereby Fannie Mae and Freddie Mac are now positioned to involve Cryptocurrencies in Mortgages,” said on X Pulte. “Thank you President Trump for making the USA the crypto capital of the world!”
