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FHFA Orders to Recognize Bitcoin And Other Cryptos in Mortgage Assessments

  • The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to include Bitcoin and other cryptocurrencies in their mortgage risk assessments.
  • This policy shift reflects the US government's increasing acceptance of digital assets in mainstream financial systems.
  • The directive allows for the consideration of crypto assets as valid indicators of a borrower's financial reserves without needing conversion to US dollars.
  • Fannie Mae and Freddie Mac are required to develop proposals for integrating Bitcoin and cryptocurrencies into loan assessments, considering risk factors like market volatility.

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