Fannie Mae and Freddie Mac will begin including cryptocurrencies as assets in mortgage risk assessments for single-family home loans, a move announced by FHFA director William J. Pulte. This decision aligns with President Trump's initiative to integrate digital assets into mainstream finance. It allows borrowers to count their cryptocurrencies as reserve assets without needing to convert them into US dollars, contrasting with previous regulations. The directive is a pivotal development in recognizing digital assets within the US housing market, where these government-sponsored enterprises (GSEs) have played a vital role since the 2008 financial crisis. By purchasing mortgages from lenders, they provide liquidity and stability in the market. The FHFA's decision represents a significant step toward the broader acceptance of cryptocurrencies, reinforcing their role in the economy.

Source đź”—