25.06.2025 20:27

Effective immediately, Fannie Mae and Freddie Mac are now permitted to include cryptocurrency reserves as eligible assets when assessing risk in single-family mortgage loans. This significant shift in policy comes directly from a June 25th directive issued by William J. Pulte, Director of the US Federal Housing Finance Agency (FHFA).

The FHFA's decision represents a landmark acknowledgment of cryptocurrencies within the traditional financial system. Both government-sponsored enterprises are now tasked with developing comprehensive plans outlining how they will accurately account for borrowers' cryptocurrency holdings, eliminating the previous requirement for mandatory conversion to fiat currency before assessment. This policy change dramatically alters the landscape of mortgage lending, potentially opening access for a broader pool of borrowers.

This inclusion of crypto assets as eligible collateral in mortgage risk assessment marks a substantial step toward mainstream acceptance of digital assets. It’s anticipated that this move will foster innovation and potentially stimulate growth within both the cryptocurrency and mortgage lending sectors. The FHFA's decision underscores a growing recognition of crypto's increasing role in the financial ecosystem. Plans are currently underway to implement these new guidelines seamlessly while adhering to rigorous risk management protocols. These plans will be crucial in navigating the complexities of assessing the value and volatility inherent in cryptocurrency holdings.