US Housing Regulator to Study Crypto Holdings in Mortgage Qualification Process
Summary
The U.S. Federal Housing Finance Agency (FHFA) will explore incorporating cryptocurrency holdings into the mortgage qualification process, as announced by its director, Bill Pulte. The FHFA, an independent regulator overseeing entities like Fannie Mae and Freddie Mac, was established post-2008 financial crisis to ensure safe housing finance operations. Pulte, appointed by President Trump, has significant investments in digital assets, including Bitcoin and Solana, and has invested in companies like Tesla and Palantir. He entered the crypto market in 2019 and has been active in political donations, supporting Donald Trump's re-election campaign.
