The Federal Housing Finance Agency (FHFA) will study whether crypto holdings should count when Americans apply for a mortgage, Director Bill Pulte said.
The review will examine how assets, such as bitcoin, might be integrated into the income-and-wealth checks at Fannie Mae, Freddie Mac, and the 11 regional Federal Home Loan Banks that backstop most U.S. mortgages.
Pulte’s comments come as the U.S. embraces crypto more under President Donald Trump’s administration. He was sworn in on March 14 after being nominated by Trump.
Public filings show he owns as much as $1 million in both bitcoin and solana’s SOL, along with stakes in various companies including crypto firm MARA Holdings.
Currently, Fannie Mae and Freddie Mac require cryptocurrency holdings to be exchanged into U.S. dollars and held in a regulated financial institution to be considered.
Read more: U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say
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