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FHA proposes borrowers can claim crypto holdings as an asset
Posted on 6/26/25 at 6:39 am
Posted on 6/26/25 at 6:39 am
quote:CNBC
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.
The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto integration into traditional financial infrastructure — this time within the core of American home lending.
The order directs both housing finance giants to develop proposals that include digital assets — without requiring borrowers to liquidate them into U.S. dollars prior to a loan closing.
Posted on 6/26/25 at 6:57 am to bigjoe1
Sweet, now I don't have to liquidate my fartcoin to buy that new trailer.
Posted on 6/26/25 at 7:00 am to bigjoe1
Wait until they see the loan I qualify for. Between the new coin I’m developing and my OTC holdings that were carefully curated by AT, I may be the richest man on the planet…on paper.
Posted on 6/26/25 at 7:09 am to bigjoe1
quote:
Only digital assets held on U.S.-regulated, centralized exchanges will qualify under the new guidance
Big win for coinbase
Posted on 6/26/25 at 7:14 am to UltimaParadox
That's what I was thinking. I have some CONY
Posted on 6/26/25 at 7:13 pm to bigjoe1
Well that is one way to find out how much crypto you're holding.
Posted on 6/26/25 at 10:21 pm to La Place Mike
quote:
Well that is one way to find out how much crypto you're holding.
That's how I read it. The beginning of regulation and tracking
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