Fannie Mae & Freddie Mac to Count Crypto as Assets in Mortgage Risk Assessments
Summary
Fannie Mae and Freddie Mac will begin counting cryptocurrencies as assets in their risk assessments for single-family home loans. This move, directed by FHFA Director William J. Pulte, marks a significant step toward mainstream acceptance of digital assets. The decision aligns with President Trump's goal to position the US as a global crypto leader. Cryptocurrencies will now be considered reserve assets for loan borrowers without needing conversion to US dollars. Fannie Mae and Freddie Mac, under government conservatorship since 2008, play a crucial role in providing liquidity and stability in the US housing market.
