US Housing Regulator Moves to Recognize Cryptocurrency as Mortgage Asset
In a significant policy shift, the Trump administration is encouraging the use of cryptocurrency, including Bitcoin, in mortgage applications. The Federal Housing Finance Agency (FHFA) has ordered Fannie Mae and Freddie Mac to explore the inclusion of crypto holdings as eligible assets for borrowers. This move comes as the US housing market grapples with a crisis, potentially allowing homebuyers to leverage their digital assets for mortgage qualifications. Industry leaders and officials are viewing this as a major change in mortgage lending practices, reflecting a broader acceptance of cryptocurrencies in traditional finance.
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