| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107251.5500000000 |
| ETH | $2430.3320000000 |
| BNB | $649.1998200000 |
| XRP | $2.1822710000 |
| ADA | $0.5613569000 |
| SOL | $149.8051000000 |
| DOGE | $N/A |
| DOT | $3.3877000000 |
| LTC | $86.3074000000 |
| LINK | $13.3016500000 |
Category: CRYPTO NEWS
The post Fannie Mae and Freddie Mac to Assess Crypto for Mortgages – Coincu appeared on BitcoinEthereumNews.com. Key Points: Bill Pulte directs Fannie Mae and Freddie Mac to evaluate crypto in mortgages. Policy could reshape mortgage industry standards. Increased crypto demand in compliant exchanges expected. PANews reported that FHFA Director Bill Pulte has mandated Fannie Mae and Freddie Mac to draft strategies for cryptocurrency inclusion in mortgage risk assessment assets. The initiative seeks to modernize mortgage qualifications by recognizing crypto stored on U.S.-regulated exchanges as assets. Crypto Integration Could Transform U.S. Mortgage Standards Bill Pulte, the FHFA Director, has instructed Fannie Mae and Freddie Mac to devise a plan to incorporate cryptocurrencies into mortgage risk assessments. This directive is part of an effort to align with initiatives to position the U.S. as a leader in crypto finance. The proposed policy requires approval from the boards of the agencies and the FHFA before implementation. The adoption of cryptocurrencies as mortgage assets may lead to significant changes in how borrowers’ financial profiles are evaluated. This policy could expand access to mortgage loans for crypto investors and potentially spur interest in compliant exchanges. However, it explicitly excludes assets held in non-compliant exchanges, ensuring adherence to U.S. regulations. Reactions to the policy shift vary within the financial community. Bill Pulte stated, “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.” Bitcoin Magazine Potential Volatility as Crypto Prices Surge to Record Highs Did you know? The U.S. government previously backed only traditional assets for mortgages. This shift marks a rare instance of accommodating digital currencies in historically conservative financial instruments. Bitcoin (BTC), a central asset in this initiative, currently trades at $107,411.28 with a total market capitalization…
2025-06-26T02:44:12+00:00