The Trump administration could soon open the doors to cryptocurrencies in the American mortgage sector.
The Federal Housing Finance Agency (FHFA) has officially directed Fannie Mae and Freddie Mac — government-sponsored enterprises that purchase and guarantee mortgage loans — to evaluate the use of cryptocurrencies as assets for mortgage transactions.
On June 25, FHFA Director William Pulte formally requested that Fannie Mae and Freddie Mac “develop a proposal for the consideration of cryptocurrencies as reserve assets within their respective risk assessments for single-family mortgage loans.”
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.“
The role of Fannie Mae and Freddie Mac
Created by Congress, Fannie Mae and Freddie Mac play a crucial role in providing liquidity and stability to the mortgage market by purchasing home loans from lenders. Their potential acceptance of cryptocurrencies as collateral could mark a turning point for millions of Americans holding digital assets.
Under the new order, government-sponsored enterprises must consider only crypto assets that can be verified and held on US-regulated centralized exchanges operating within appropriate legal frameworks.
As early as June 24, Pulte had hinted on X that the FHFA would be exploring the use of cryptocurrency holdings “in relation to mortgage qualification.”
