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US regulator orders Fannie, Freddie to consider crypto holdings in loan assessments
The regulator overseeing Fannie Mae and Freddie Mac on Wednesday ordered the housing giants to consider cryptocurrency as an asset for single-family mortgage loan risk assessments, a move that could potentially open the door to borrowers using crypto investments to qualify for home loans.
Homebuyers in the US may soon be able to use cryptocurrency assets to strengthen their mortgage application, according to Bill Pulte, who oversees housing giants Fannie Mae and Freddie Mac.
Regulators have asked housing giants Fannie Mae and Freddie Mac to consider crypto assets for mortgage applications.
The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to consider cryptocurrencies as assets for ...
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