What specific cryptocurrencies are eligible to be used as collateral for mortgages according to the new directive?

The directive limits eligibility mainly to major cryptocurrencies like Bitcoin and some major stablecoins, with the stipulation that the crypto assets must be held on U.S.-regulated centralized exchanges.

How will Fannie Mae and Freddie Mac handle the volatility risk associated with cryptocurrency when used as collateral?

Fannie Mae and Freddie Mac are instructed to consider valuation adjustments to account for crypto volatility and other risks, as well as the proportion of crypto holdings in borrowers' total reserves, before accepting them as collateral.

What steps must Fannie Mae and Freddie Mac take before implementing the acceptance of cryptocurrency as mortgage collateral?

They must prepare a proposal for the changes to single-family mortgage loan risk assessments, have it approved by their respective Boards of Directors, and then submit it for review to the U.S. Federal Housing Finance Agency (FHFA).

What impact might accepting cryptocurrency as mortgage collateral have on the housing market?

The move could modernize the mortgage process, attract tech-savvy borrowers, and potentially give a slight boost to the currently sluggish U.S. housing market amid rising interest rates by expanding the types of assets considered for loan qualification.

Are there any potential conflicts of interest related to the FHFA director’s involvement in this decision?

Yes, the FHFA Director William Pulte's spouse reportedly owns significant holdings in Bitcoin and Solana (SOL), which has raised questions about potential conflicts of interest regarding this directive.

3 sources

•

6M ago

Trump Administration Encourages Use of Cryptocurrency as Mortgage Collateral

The Trump administration is urging Fannie Mae and Freddie Mac to accept cryptocurrency as collateral for single-family mortgage loans, streamlining the borrowing process.

C 33%

R 67%

Overview

A summary of the key points of this story verified across multiple sources.

The Trump administration is advocating for the inclusion of cryptocurrency in mortgage loan risk assessments.

Fannie Mae and Freddie Mac are being directed to consider crypto assets in home loan applications.

Borrowers may use cryptocurrency as collateral without converting it to U.S. dollars.

This initiative aims to modernize the mortgage process and attract tech-savvy borrowers.

The move reflects a growing acceptance of digital currencies in traditional finance.

Written using shared reports from

3 sources

Report issue

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Center-leaning sources frame the discussion around the integration of cryptocurrency in mortgage assessments as a progressive move by the Trump administration. They emphasize the potential benefits for loan seekers, reflecting a cautious optimism while highlighting the role of government-sponsored enterprises. The tone suggests a blend of innovation and regulatory adaptation.

How we categorize media bias

Sources (3)

Compare how different news outlets are covering this story.

Sort By

Center (1)

The Trump administration just took a big step toward considering crypto assets during home loan applications

Fortune•6M ago

Limited access — this outlet restricts by article count and/or content type.

FAQ

Dig deeper on this story with frequently asked questions.

: The directive limits eligibility mainly to major cryptocurrencies like Bitcoin and some major stablecoins, with the stipulation that the crypto assets must be held on U.S.-regulated centralized exchanges.
Sources:
Cryptonomist
: Fannie Mae and Freddie Mac are instructed to consider valuation adjustments to account for crypto volatility and other risks, as well as the proportion of crypto holdings in borrowers' total reserves, before accepting them as collateral.
Sources:
Ledger Insights
: They must prepare a proposal for the changes to single-family mortgage loan risk assessments, have it approved by their respective Boards of Directors, and then submit it for review to the U.S. Federal Housing Finance Agency (FHFA).
Sources:
PYMNTS.com
: The move could modernize the mortgage process, attract tech-savvy borrowers, and potentially give a slight boost to the currently sluggish U.S. housing market amid rising interest rates by expanding the types of assets considered for loan qualification.
Sources:
Ledger Insights
: Yes, the FHFA Director William Pulte's spouse reportedly owns significant holdings in Bitcoin and Solana (SOL), which has raised questions about potential conflicts of interest regarding this directive.
Sources:
Ledger Insights

History

See how this story has evolved over time.

This story does not have any previous versions.