The Federal Housing Finance Agency (FHFA) is reviewing whether cryptocurrency holdings should be included in mortgage applications. Director Bill Pulte announced the initiative, which could alter how Fannie Mae, Freddie Mac, and the Federal Home Loan Banks assess borrower wealth by incorporating digital assets such as bitcoin. This examination reflects the growing acceptance of cryptocurrency in the U.S., particularly under the current administration. Pulte, who took office in March and reportedly has significant personal investments in cryptocurrencies, indicated that changes could allow borrowers to use their crypto assets when applying for home loans. Currently, Fannie Mae and Freddie Mac require that crypto holdings be converted into U.S. dollars and held in regulated financial institutions to be considered as part of a loan application.

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