FHFA Directs Fannie Mae and Freddie Mac To Account for Bitcoin in Mortgage Evaluations

The Federal Housing Finance Agency (FHFA) has issued a new directive requiring Fannie Mae and Freddie Mac to include Bitcoin and cryptocurrencies when assessing mortgage risk. 

This marks a major shift in U.S. housing policy and reflects the growing institutional acceptance of Bitcoin and digital assets.

“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,” FHFA Director William J. Pulte posted on X.

Previously, Bitcoin and digital assets had to be liquidated into U.S. dollars to be factored into mortgage evaluations. 

Under the new guidance, properly documented Bitcoin and cryptocurrency holdings may now be treated as eligible reserves without conversion—provided they are held on U.S.-regulated centralized exchanges and adhere to legal standards.

The FHFA’s move aims to expand the types of financial assets considered in loan decisions, potentially increasing access to homeownership for borrowers with wealth stored outside the traditional banking system.

Fannie and Freddie are now tasked with developing proposals for integrating Bitcoin and crypto assets into single-family loan assessments, while also implementing risk controls that account for market volatility. 

These safeguards may include limits on the share of reserves in digital assets and adjustments based on price fluctuations.

“Today is a historic day in the cryptocurrency industry and the mortgage industry, whereby Fannie Mae and Freddie Mac are now positioned to involve Cryptocurrencies in Mortgages,” Pulte added. 

“Thank you President Trump for making the USA the crypto capital of the world!”